BIMCO will open its fourth local office, this time in London, at the beginning of 2021. The new office will support the organisation’s regulatory affairs activities with Dr Bev Mackenzie taking up the role of BIMCO’s permanent representative at the International Maritime Organization (IMO) from 1 Fe... Please follow the link to continue reading.
Sun Ying has served as Sales Lead for Baltic Exchange China since 2020. Her focus is on business development for new members and cooperation with domestic financial exchanges, and has established a broad and solid customer base in China. Graduated from Shanghai Maritime University with a bachelor's... Please follow the link to continue reading.
A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing institutions and private practice lawyers from Asia, Europe and the US began work this week to develop a standard letter of quiet enjoyment (LQE) for use in long term charter and leasing str... Please follow the link to continue reading.
China officials have confirmed that there are no plans to impose a ban on open loop scrubbers in the country, as long as they are in compliance with prevailing regulation.
The disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver. As a result, ship demand is forecast to grow three times faster than cargo volumes in 2024. Without it, ship supply would have grown faster than ship demand but instead we expect that the sup... Please follow the link to continue reading.
BIMCO's Casper Broustbo talks about SmartCon
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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