Togo, Lome - Infrastructure
MEMBER CONTENT – login using the orange button at the top of the page to view.
Please select a reason for contacting BIMCO from the list above to find the best contact number
BIMCO Search Results
Tanker market report dated 1 November 2019
MEMBER CONTENT – login using the orange button at the top of the page to view.
Crude oil tonne miles out of the Gulf of Guinea down 5.9% so far in 2022
MEMBER CONTENT – login using the orange button at the top of the page to view.
Production cuts bite as Saudi Arabian crude oil exports fall 12% m/m
MEMBER CONTENT – login using the orange button at the top of the page to view.
Best opportunity in years to combat Gulf of Guinea piracy
Historically, piracy attacks in the Gulf of Guinea see a spike during the dry season which normally lasts from October/November to March/April. What is different this year is that Nigeria has launched a comprehensive set of anti-piracy capabilities and at least two international navies will have ver... Please follow the link to continue reading.
Demand
We estimate that crude tanker demand will increase by 6.5-7.5% in 2024 and 2-3% in 2025. Cargo growth is forecast to be 2-3% in 2024 and 1-2% in 2024. Increased sailing distances due to the Red Sea crisis are expected to lift demand in the first half of 2024, whereas the continued shift of crude sup... Please follow the link to continue reading.
Macro environment
Global economic growth is estimated to have been 3.1% in 2023. The International Monetary Fund (IMF) projects that growth in 2024 and 2025 will end up at 3.1% and 3.2% respectively. The IMF forecasts slower growth for both 2024 and 2025 in the US, China, Japan and India compared to 2023. On the oth... Please follow the link to continue reading.
Gulf of Guinea Declaration on Suppression of Piracy gains support in Asia
Support for eradicating piracy in the Gulf of Guinea is gaining strength both in Asia and world-wide. Organisations including Japan’s NYK Line and the Asian Shipowners’ Association are among the latest to join in the call for action.
Liquid cargo of the month – Qua Iboe crude oil
BIMCO highlights a specific cargo each month. This time: Qua Iboe crude oil
Italy, Pozzuoli - Crew Issues
MEMBER CONTENT – login using the orange button at the top of the page to view.
