BIMCO Search Results

Industry’s support for piracy declaration rises to nearly 350 signatures

Steadily increasing support for the Gulf of Guinea Declaration on Suppression of Piracy, combined with Nigeria announcing significant investment to address the ongoing piracy issue in the Gulf of Guinea, raises hope that efforts are on the right track to end piracy in the region and increase safety ... Please follow the link to continue reading.

BIMCO COVID 19 weekly report dated 10 September 2021

This BIMCO COVID 19 weekly report for the week ending 10 September covers updates on Republic of Korea, Pakistan, the UK P&I club and the latest from the International Maritime Organization (IMO).  Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew cha... Please follow the link to continue reading.

Seasonal Greeting from BIMCO’s President, Sabrina Chao

Dear members, dear BIMCO community Firstly, I hope you and your families are well. When I wrote my Seasonal Greeting to you this time last year, we were still held very much in the tight grip of COVID-19. While 2021 brought many grievances due to the pandemic, 2022 has certainly provided us with dif... Please follow the link to continue reading.

Demand

In our base case scenario, we expect global dry bulk cargo volume to grow between 1.5% and 2.5% in 2023 and between 1% and 2% in 2024. Average haul is expected to increase between 0.5% and 1.5% in 2023, driven by sanctions on Russian coal and higher iron ore and grain shipments from Brazil. In July... Please follow the link to continue reading.