Category: bimco
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China’s 12 million tonnes U.S. soybean pledge could boost bulker demand
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 market. Trade war truce with China is good news for soybean farmers…
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BIMCO: More than 500 alternatively-fueled containerships now on order
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,” says Niels Rasmussen, chief shipping analyst at BIMCO. In addition to these alternatively-fueled ships,…
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BIMCO: Bulker deliveries could reach six-year high in 2026
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, and several of the ships ordered during this period are expected to be delivered…
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BIMCO: U.S. grain shipments jump 9% despite Chinese tariffs
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 led to a 57% y/y drop in volumes to China, the U.S. has been…
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BIMCO’s new clause to support biofuel use in time charters
BIMCO’s new clause to support biofuel use in time charters Shipping association BIMCO has formed a new subcommittee to develop a Biofuel Clause for Time Charter Parties in a bid to address the legal and operational challenges stemming from the growing use of biofuels in shipping. The post BIMCO’s new clause to support biofuel use in…
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Fednav’s Paul Pathy is new BIMCO president
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 takes over as the 47th ot BIMCO and is its first fpresident rom the Americas. He…
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Maritime industry associations launch consolidated BMP maritime security publication
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, leading maritime trade associations have released a new interactive guidance publication to help all…
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BIMCO: Panama Canal tonnage figures fall
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 and January 2025, ship capacity in deadweight tonnes transiting through the Panama Canal was 10% lower than…
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Product tanker deliveries to jump 256% in 2025
Product tanker deliveries to jump 256% in 2025 Product tanker newbuild deliveries are expected to reach 12 million deadweight tonnes (dwt) in 2025, with deliveries set to jump 256% compared to the 3.4 million dwt delivered in 2024, shipping association BIMCO revealed. The post Product tanker deliveries to jump 256% in 2025 appeared first on…