Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea
LONDON : Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea: “In recent days, two ships have now been attacked in the
US grain shipments jump 9% despite Chinese tariffs : BIMCO
LONDON : “During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs led to a 57% y/y drop in volumes
Container Shipping: BIMCO forecasts Stable demand outlook despite US trade policies
LONDON : “We forecast a stable demand outlook for the container shipping sector in line with our previous report despite the uncertainties introduced by new US trade policies. We expect the supply/demand balance to
Global freight ships set defensive plans for Israel-Iran conflict, Strait of Hormuz risks
NEW JERSEY: Commercial traffic including critical global oil trade continues to flow through the Strait of Hormuz after Israel’s attack on Iran, but maritime shipping experts say there will be ongoing risk that safety
Maritime agency warns shipping industry over rising Middle East tensions
LONDON : Increased tensions in the Middle East may lead to an escalation in military activity that could impact shipping in critical waterways, Britain’s maritime agency said. Much of the world’s oil and key
BIMCO to develop standard clause addressing uncertainties regarding Chinese-related vessels calling US ports
LONDON : BIMCO, the world’s largest shipping association, has initiated the development of a standard industry clause with the aim to address contractual uncertainties arising from the United States Trade Representative’s (USTR) Notice of
Shipowners and recyclers ask Basel COP for removal of obstacles to safer ship recycling
LONDON : BIMCO has drafted a paper to submit to the Conference of the Parties to the Basel Convention (BC COP-17), asking for more clarity and for obstacles to be removed as the Hong
BIMCO: Dry Bulk Market to Take a Hit from China’s 34% Tariffs on US Goods
LONDON : BIMCO expects to take a hit from China’s response to the US earlier slap of new tariffs. Chief Shipping Analyst, Niels Rasmussen, on the 34% tariffs on US goods announced by China