BIMCO Search Results

Macro environment

The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in 2025 and by 3.3% in 2026. The IMF reports a weaker outlook for China, Latin America and the European Union. Inflation has continued to abate since our last update and advanced economies have started easing interes... Please follow the link to continue reading.

Macro environment

The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in 2024 and 3.3% in 2025, which is an upward revision of 0.1 percentage points for 2025. It has revised its growth forecast for emerging and developing economies up 0.1 percentage points for 2024 and 2025, due to stro... Please follow the link to continue reading.

Macro environment

Houthi attacks on ships in the Red Sea continue and many shipowners therefore continue to avoid the area. As no resolution to the conflict is in sight, we assume that the attacks may impact shipping throughout 2024 and that ships may be able to return to normal routings in 2025. According to the In... Please follow the link to continue reading.

Macro environment

The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in both 2024 and 2025, the same growth rate as in 2023. That is an upward revision of 0.1 percent points for 2024 since their January update. This is largely due to a sizeable improvement in the economic outlook for t... Please follow the link to continue reading.

Macro environment

According to the International Monetary Fund’s (IMF) estimates, the global economy should grow 3.1% in 2024 and 3.2% in 2025, slightly higher than the 3.0% estimated for 2023. China is forecast to continue to suffer from its ongoing real estate sector crisis, seeing growth slow from 5.2% in 20... Please follow the link to continue reading.

Macro environment

Following 3.3% growth in the global economy during 2023, the International Monetary Fund estimates that the economy will grow 3.2% and 3.3% in 2024 and 2025 respectively. On average, the Europe & Mediterranean, South & Central America and Sub-Saharan Africa regions are forecast to grow faster during... 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.

Macro environment

Houthi attacks on ships in the Red Sea continue to severely impact trade lanes that normally transit the Red Sea and the Suez Canal. Transits of the Suez Canal remain 90-95% lower than at the same time last year. Though no resolution is in sight, we have in our base scenario chosen to assume that s... Please follow the link to continue reading.

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.