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Container Shipping: Demand bolstered by trade lanes not bound for the US

COPENHAGEN: "On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025...

Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns : BIMCO

LONDON : "In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing...

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...

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...

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...

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...

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...

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...

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...

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...

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