BIMCO and other industry organisations, acquired data on all commercial fuel samples tested by Veritas Petroleum Services (VPS) during 2020.
We forecast that cargo volumes will grow 4-5% in 2024 and 3-4% in 2025. Volumes in head-haul trades are expected to grow slightly faster than the average. We have lowered our cargo volume growth forecast for 2024 by 1 percentage point as second quarter volumes for some back-haul trades disappointed... Please follow the link to continue reading.
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On 21 March, the subcommittee established to develop a standard term sheet for syndicated ship financing transactions met for the first time to consider how to approach the work ahead.
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