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BIMCO COVID 19 weekly report dated 24 September 2021

This BIMCO COVID 19 weekly report for the week ending 24 September covers updates from China, Denmark, Russia, UK P&I Club, the North American Maritime Ministry Association and the latest from the International Maritime Organization (IMO).  Every week, BIMCO summarises measures imposed by government... Please follow the link to continue reading.

Demand

We forecast that global container volumes will grow by between -0.5% and 0.5% in 2023, and by between 3.0% and 4.0% in 2024. Combined, head-haul and regional trade volumes are faring slightly better. We predict growth of between 0.0% and 1.0% in 2023 and between 3.5% and 4.5% in 2024. During the f... Please follow the link to continue reading.

Background The IMO has so far adopted three different kinds of measures in MARPOL Annex VI. Resolution MEPC.328(76) focuses on either the design and technical energy efficiency of a ship or the ongoing operation of a ship. The below gives a brief overview: 1. Design measure: The Energy Efficie... Please follow the link to continue reading.

Explanatory notes

With reference to the announcement on pages 2916-2922 of BIMCO Bulletin V/1974 of the new editions of the “Baltime 1939” and the “Linertime” Charters, i.e., with the “box layout”, there is reason once more to underline that the “Linertime” Deep Sea Time Charter is intended especially for fixtures fo... Please follow the link to continue reading.