Market analysis

Road to recovery

In 2016 the dry bulk shipping sector experienced some of the worst market conditions in history. In response, BIMCO produced a unique analysis model, named “Road to Recovery” to highlight actions needed for the struggling shipping markets to recover – and to track their progress.

Impact of COVID-19 on Future Shipping Demand with BIMCO’s Peter Sand

14 May 2020

From the drastic decrease in oil demand to lockdown in manufacturing, Peter provided an overview of the macroeconomic challenges being faced by individual shipping sectors and subsequently indicators of how the breakbulk and project cargo sectors are faring through the current pandemic. 

Coronavirus and its impact on shipping

14 April 2020

How is shipping affected by the coronavirus pandemic and the low oil price by mid-April? The trio of analysts, Alan Murphy, CEO & Founder of Sea-Intelligence; Russel Thomson, CEO & Founder of Tradeviews and BIMCO Chief Shipping Analyst, Peter Sand, had a 2-hour marathon webinar session to try and answer those question. They covered the three main shipping segments – dry bulk, containers and tankers.

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Get analysis of the dry bulk, tanker and container markets. The BIMCO market analysis team writes a mix of quick insight and deep analysis – but with a focus on the fundamentals: supply and demand.

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Webinar: State of the Bunker Industry

  • 26 May, 2020

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The webinar starts at 10:00 BST / 11:00 CEST. This is not the post-2020 environment we expected. Join us for this complementary online event examining the ke…

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The collapse of the oil and bunker fuel markets in early 2020

07 May 2020

The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipping industry at outset of the new decade. Four months on, the spotlights have turned to the coronavirus and the OPEC+ oil price war.

Why should I pay any attention to spot container freight rates?

04 May 2020

Despite lower volumes being fixed in the spot market, it is key to tracking developments in the container shipping market, as it quickly responds to the changing situation and adjustments to demand and supply.

Three out of five converted VLOCs are no longer operating

30 April 2020

Converted Very Large Ore Carriers (VLOC) are increasingly becoming a thing of the past with the long-term freight contracts coming to an end as newer and more reliable ships replace them in the market.

OPEC+ production cuts will end profitable crude oil tanker journeys

20 April 2020

Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the massive production overhang and set a price floor to limit the fall in oil prices.

BIMCO webinar: coronavirus pandemic effects on shipping markets

07 April 2020

BIMCO will host the Perspectives and insights on shipping amidst a pandemic webinar on 14 April 2020. The free 1-hour webinar will touch upon how the coronavirus has impacted the commercial shipping markets and what the future may hold.

Coronavirus is disrupting the supply of ships as well as demand

06 April 2020

The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out,  demand growth prospects for the year across all segments. The outbreak has also affected fleet development.

As oil prices plummet, crude oil tanker time charter rates skyrocket

02 April 2020

Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war, the crude oil tanker spot freight rates, and time charter (TC) rates have soared.

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