BIMCO Search Results

Macro environment

Houthis have continued to attack ships in the Red Sea and the Gulf of Aden. At the time of writing, 62 ships have been attacked and the ship capacity transitting the Suez Canal is 90% lower than last year. The combined volume via the Suez Canal and the Cape of Good Hope is, however, on par with last... 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.

Demand

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.