Strait of Hormuz may be “open,” but mines are still a danger
Following the signing of an MOU between the U.S. and Iran, the Strait of Hormuz is officially open to shipping, but don’t expect normality to return any time soon … with BIMCO
BIMCO
Strait of Hormuz: How long until trapped ships can evacuate conflict zone?
The announcement of a ceasefire in the U.S.-Israeli conflict with the Iranian regime has raised hopes of the Strait of Hormuz reopening and normalcy returning to world shipping routes. Those hopes look
China’s 12 million tonnes U.S. soybean pledge could boost bulker demand
China’s agreement to resume purchases of American soybeans is not only good news for farmers and the U.S. inland waterways industry. BIMCO expects the agreement to be positive for the dry bulk
BIMCO: More than 500 alternatively-fueled containerships now on order
“As of end August 2025, 534 containerships are on order which will be able to use alternative fuels upon delivery. These represent 53% of containerships on order and 77% of the TEU,”
BIMCO: Bulker deliveries could reach six-year high in 2026
“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2 million deadweight tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024,
BIMCO: U.S. grain shipments jump 9% despite Chinese tariffs
“During the first half of 2025, U.S. seaborne grain shipments increased 9% y/y, driven by stronger maize exports,” says Filipe Gouveia, shipping analysis manager at BIMCO. “While an increase in import tariffs
Fednav’s Paul Pathy is new BIMCO president
At its general meeting in Copenhagen today, BIMCO, the world’s largest shipping association, elected Paul Pathy, president & CEO of Canada’s largest dry bulk shipping company, Fednav, as president. . Paul Pathy
BIMCO: Dry bulk supply/demand balance set to weaken
It’s not just container shipping that’s feeling the tariffs pain. BIMCO has released its April 2025 Dry Bulk Shipping Market Overview & Outlook — and the outlook part is not rosy. Tariff
Maritime industry associations launch consolidated BMP maritime security publication
Best Maritime Practices (BMP) for maritime security have been around and evolving since at least the time that Somali pirate hijackings were in the headlines. Now, with new threats continuing to evolve,
BIMCO: Panama Canal tonnage figures fall
While Donald Trump’s talk of taking back the Panama Canal has been keeping Secretary of State Marco Rubio busy, tonnage through the waterway has recently been falling, says BIMCO. “Between September 2024