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
BIMCO
VIDEO: Shipping industry appalled as Houthi attacks continue
Video has emerged showing the Houthi attack on the MV Tutor with an explosive laden drone boat. That attack eventually led to the sinking of the vessel, which has now been confirmed
BIMCO: Crude tanker newbuild contracting jumps 490%
We’re supposed to be weaning ourselves off oil, right? So why has tanker newbuild contracting been soaring? BIMCO shipping analyst Filipe Gouveia has some answers. “In the first two months of 2024,
BIMCO starts work on new WINDSEACON contract for offshore wind market
BIMCO has established a subcommittee to work on WINDSEACON, a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind
Houthis put on warning: Now what?
Yesterday saw growing international concern over the situation in the Red Sea as Houthi attacks on merchant ships caused more vessels to avoid the area and sent ocean freight rates soaring. While
Stinne Taiger Ivø named BIMCO deputy secretary general
The world’s largest shipping association, Copenhagen-headquartered BIMCO, has appointed its director of contracts & support, Stinne Taiger Ivø, as deputy secretary general, effective January 1, 2024. She succeeds Søren Larsen, who will
Can Prosperity Guardian plans counter Houthi threat to shipping?
Ahead of a widely expected announcement from U. S. Secretary of Defense Lloyd J. Austin the Norwegian Government said today that the U.S. has taken the initiative to strengthen international efforts to
Containership deliveries reach a record high
Even as containership operators across the board report softening demand, new tonnage continues to enter the market. BIMCO’s chief shipping analyst, Niels Rasmussen, reports that new containership deliveries in the first seven
Nikolaus H. Schües takes over as BIMCO president
At its general meeting in Hong Kong today, BIMCO, the world’s largest shipping association, elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, as its president. Moving into the role
Ship recycling set to soar
Niels Rasmussen, chief shipping analyst at BIMCO, has been giving his attention to an expected spike in ship recycling numbers over the next 10 years, partly due to the shipping industry facing