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Strait of Hormuz traffic slows to a trickle amid US-Iran tensions, only five ships transit in 24 hours

International Shipping
LONDON: Only five ships, including one Iranian oil products tanker, have passed through the Strait of Hormuz in the past 24 hours, Friday shipping...

Indian Delegation deepens engagement with BIMCO on Sustainable Ship Recycling Framework during Singapore Maritime Week 2026

International Shipping
SINGAPORE: In a significant step towards strengthening global maritime cooperation, the Indian delegation engaged in high-level discussions with the Baltic and International Maritime Council...

BIMCO INDIA FORUM in Ahmedabad Sees Strong Industry Participation and Engaging Dialogue

Association
AHMEDABAD: The BIMCO India Forum, hosted by BIMCO at the Grand Mercure Ahmedabad GIFT City, concluded on a highly interactive and insightful note, bringing...

BIMCO India Forum to Convene Shipping Leaders in Ahmedabad

Maritime
AHMEDABAD: BIMCO will host the BIMCO India Forum, an exclusive high-level roundtable, in Ahmedabad today at the Grand Mercure Ahmedabad GIFT City, coinciding with...

Global order book hits 17-year high amid record crude tanker contracting

Fuel
LONDON: “By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes...

BIMCO: “Shipping needs a different kind of leader today”

Global Trade
LONDON : Shipping has long rewarded technical excellence. The strongest leaders were the ones who understood operations inside out, including chartering, vessels, compliance and...

Suez Canal return could dent global container ship demand: BIMCO

Container Shipping
LONDON: A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected...

BIMCO adopts FuelEU Maritime and ETS clauses for the sale and purchase of ships

Fuel
LONDON: The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an ETS Clause for incorporation into Memoranda of Agreements (MoAs) for...

Bulker newbuilding contracting drops 54% to five-year low : BIMCO

Breakbulk Shipping
LONDON: "Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since...

BIMCO to develop standard clause addressing Chinese port fees

Foreign Ports
LONDON: BIMCO has initiated the development of a clause specifically addressing the new fees introduced on 14 October 2025 for US-related ships calling at...
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