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The dry bulk shipping sector has seen a dramatic pullback in new vessel orders, with bulker newbuilding contracting capacity falling 54% year-over-year to 25

The global tanker shipping industry stands at a crossroads as crude and product carriers face starkly different market conditions over the next two years,

The crude tanker sector is experiencing its most significant shipbuilding boom in nearly a decade, with the order book-to-fleet ratio climbing to 14.1

The Tripartite Forum of shipbuilders, shipowners and classification societies convened in Busan, South Korea last week, bringing together more than 70

A recycling overhang of at least 500 container ships totaling 1.8 million TEU has accumulated in the global fleet, according to new analysis from BIMCO, as

The Baltic and International Maritime Council is expediting development of a standard industry clause to address contractual uncertainties arising from

When the Office of the United States Trade Representative (USTR) fees targeting Chinese maritime dominance come into effect on October 14, approximately 35% of

The container shipping industry is experiencing an unprecedented divergence in the market, with US-bound trade lanes suffering significant declines while

The container shipping sector continues to outpace other maritime segments in the adoption of alternative fuels, according to the latest analysis from BIMCO.

The global dry bulk fleet is expanding at only half the pace seen during the 2010s, despite forecasts showing bulker deliveries reaching a six-year high by

BIMCO, the world’s largest shipping association and leading provider of standardized maritime contracts and clauses, has adopted a standard clause to

Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025, according to a new analysis from BIMCO.

Major shipping organizations have issued a joint statement condemning the recent attacks on vessels in the Red Sea that have resulted in seafarer fatalities

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels

Paul Pathy, President & CEO of Canada’s leading dry bulk shipping company Fednav, has made history by becoming BIMCO’s first President from the

BIMCO, the world’s largest shipping association and one of the primary providers of standardized contracts and charter party agreements used in the

Dry bulk vessel orders have collapsed to their lowest level in three decades, with newbuilding contracting plummeting 92% year-over-year in the first two

Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last

Three years after Russia’s invasion of Ukraine, a dramatic shift in Black Sea shipping patterns has emerged, with Ukraine’s dry bulk shipments

The heads of major shipping organizations convened in Athens this week to address the escalating crisis of seafarer safety and rights, with a particular focus