Join our crew and become one of the 108,976 members that receive our newsletter.

bimco


Friday, February 7, 2025
File photo shows a seafarer standing on the deck of a ship
Shipping

Shipping Industry Leaders Unite to Combat Rising Seafarer Kidnappings and Criminalization

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

22 seconds ago
Total Views: 0

Thursday, February 6, 2025
A tanker transits the Panama Canal Locks
Shipping

BIMCO: Panama Canal Transits Remain 10% Below Average Despite Lifted Drought Restrictions

Ship transits through the Panama Canal remain significantly lower than historical averages, with capacity down 10% between September 2024 and January 2025

21 hours ago
Total Views: 702

Wednesday, January 22, 2025
Stock photo shows an oil tanker at a terminal
Shipping

Crude Oil Tanker Fleet Growth Flatlines as Deliveries Hit Lowest Level Since 1988

New crude oil tanker deliveries hit a 36-year low in 2024, with only 17 new vessels joining the global fleet, representing a capacity of 2.5 million deadweight

January 22, 2025
Total Views: 565

Thursday, January 16, 2025
Drone Photo Of A Product Tanker carrying Gasoline.
Shipping

Product Tanker Fleet Growth to Hit 16-Year High in 2025, BIMCO Reports

The product tanker sector is bracing for a monumental surge in fleet capacity, with newbuild deliveries projected to reach 12 million deadweight tonnes (DWT)

January 16, 2025
Total Views: 423

Wednesday, January 8, 2025
MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipbuilding

Record Containership Orderbook Signals Major Fleet Expansion Through 2029, BIMCO Reports

The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime

January 8, 2025
Total Views: 1499

Wednesday, November 13, 2024
Shipping

As Hong Kong Convention Looms, BIMCO Unites Industry for Safer Ship Recycling

BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound

November 13, 2024
Total Views: 749

Wednesday, September 18, 2024
Shipping

Dry Bulk Ship Recycling Hits 16-Year Low

Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s

September 18, 2024
Total Views: 702

Tuesday, August 27, 2024
Shipping

Container Shipping’s Fleet Expansion Continues

The global container shipping industry is experiencing a significant surge in fleet expansion, according to recent data from BIMCO. Despite initial signs of a

August 27, 2024
Total Views: 2607

Wednesday, August 21, 2024
Shipbuilding

Product Tanker Ordering Reaches 18-Year High, Sparking Oversupply Concerns

Product tanker contracting so far in 2024 has reached an 18-year high, marking a 17% increase compared to the previous year, according to BIMCO. The world’s

August 21, 2024
Total Views: 1262

Wednesday, August 7, 2024
oil tanker
Shipping

India’s Crude Oil Imports from Russia Surge 1000%

India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This

August 7, 2024
Total Views: 2069

Thursday, May 9, 2024
Shipbuilding

Record Containership Capacity Delivered in 2024 Obscured By Longer Voyages

The shipping industry has witnessed a record delivery of 1 million Twenty-foot Equivalent Unit (TEU) of container ship capacity in the first four months of

May 9, 2024
Total Views: 1727

Thursday, April 4, 2024
Shipping

Ship Recycling Plunges to Lowest Level in Decades

Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to a combination of market shocks, strong demand, and

April 4, 2024
Total Views: 2161

Monday, February 5, 2024
Shipping

Shipping Industry Issues Revised Guidance for Navigating Southern Red Sea

A group of prominent shipping associations have released revised security guidance for navigating the Southern Red Sea and Gulf of Aden in response to a series

February 5, 2024
Total Views: 5098

Wednesday, January 10, 2024
Shipbuilding

Record Wave of New Containerships Expected to Push Global Fleet Above 30 Million TEU

The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,

January 10, 2024
Total Views: 3415

Friday, December 22, 2023
smoke pollution coming from a container ship
Shipping

Shipping Industry Focused on Green and Blue Alternatives to Meet IMO Targets

The shipping industry is turning its attention to green and blue alternatives in order to meet the International Maritime Organization’s (IMO) targets

December 22, 2023
Total Views: 955

Saturday, December 16, 2023
hms-defender-royal-navy-uscg
Navy

EU Shipping And US Naval Leaders Are Estranged Despite NATO Budget Boost

by Captain John Konrad (gCaptain Editorial) Amid escalating tensions in the Red Sea, marked by attacks on Israeli and European-owned vessels, and ongoing war

December 16, 2023
Total Views: 4155

Thursday, September 21, 2023
File photo of a product tanker underway at sea
Shipbuilding

Contracting of Product Tanker Newbuilds at 10-Year High

Contracting of product tanker newbuilds has hit a 10-year high this year, but recycling of older ships and the impact of decarbonization regulations are likely

September 21, 2023
Total Views: 1536

Thursday, July 27, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Ukraine Conflict and EU’s Ban on Russian Oil Products Drive Surge in Product Tanker Orders

The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders. The product

July 27, 2023
Total Views: 898

Wednesday, May 17, 2023
leyal ship recycling
Shipping

BIMCO Predicts Unprecedented Surge in Ship Recycling

The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the next decade, with more than 15,000

May 17, 2023
Total Views: 2876

Thursday, May 4, 2023
Aerial top view of a containership underway
Shipping

Liner Shipping Reduces Sailing Speed Amid Environmental Concerns and Changing Market

As the COVID-19 pandemic recedes, global shipping is experiencing a shift in operations. According to the world’s largest shipping association, BIMCO,

May 4, 2023
Total Views: 1658
close

JOIN OUR CREW

Maritime and offshore news trusted by our 108,976 members delivered daily straight to your inbox.