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Posts tagged with "Baltic and International Maritime Council"

BIMCO opens port, COVID-19 information on its website free to public

BIMCO opens port, COVID-19 information on its website free to public

Mar. 23 | The Baltic and International Maritime Council (BIMCO) said that in view of the extraordinary coronavirus-driven (COVID-19) crisis, all COVID-19 related content as well as port information on its website is for now “open and free for everyone,” the...

BIMCO downgrades container shipping outlook to negative

BIMCO downgrades container shipping outlook to negative

Mar. 20 | The Baltic and International Maritime Council (BIMCO) has revised its outlook for container shipping demand in 2020 from low global demand growth to negative demand growth for the full year. According to BIMCO’s revised forecast released March 18, container...

BIMCO maps likely coronavirus impacts on global shipping as time elapses

BIMCO maps likely coronavirus impacts on global shipping as time elapses

Feb. 26 | The coronavirus outbreak could not have come at a worse time for the shipping industry, which is currently struggling with the additional fuel costs from IMO 2020 and the switch to low-sulfur fuels, according to the Baltic and International Maritime Council...

BIMCO concerned about inclusion of int’l shipping in European Green Deal

BIMCO concerned about inclusion of int’l shipping in European Green Deal

Dec. 16 | The Baltic and International Maritime Council (BIMCO) has expressed concern with the plan to include international shipping in decarbonization efforts under the recently published The European Green Deal. BIMCO in a release on December 13 said it welcomes...

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Dec. 2 | In the first nine months of the year global container volumes rose 1% to 126.3 million TEUs, up just 1.3 million TEUs from the corresponding level in 2018 when growth was 3.8%, or an additional 4.6 million TEUs, as the effects of the trade war kick in,...

Shipping groups call on all countries to fully implement IMO 2020

Shipping groups call on all countries to fully implement IMO 2020

Sep. 22 | The shipping industry is urging the strict and full implementation of the fuel sulfur cap, saying it found “disturbing” the reports that some countries may not fully enforce the new rules of the International Maritime Organization (IMO). The World...

Container growth slows to 1.2% in Jan-July as trade balance worsens for carriers

Container growth slows to 1.2% in Jan-July as trade balance worsens for carriers

Sep. 20 | Global growth in container volumes went up slightly in the second quarter of the year, but so far remains below normal industry levels as the trade war makes itself felt, according to a new market analysis by the Baltic and International Maritime Council...

Shipping seeks standard procedure for non-compliant fuel use

Shipping seeks standard procedure for non-compliant fuel use

Sep. 24 | The Baltic and International Maritime Council (Bimco) and other organizations are working closely with the International Maritime Organization (IMO) to ensure a standard procedure for ships to use high-sulfur fuel if compliant alternatives are not available...

Bimco presses for a more accurate method to verify ships’ compliance with 0.5% sulfur cap

Bimco presses for a more accurate method to verify ships’ compliance with 0.5% sulfur cap

Jul. 16 | The International Maritime Organization (IMO) should adopt more accurate sulfur verification procedures and an effective implementation plan for complying with the IMO 2020 rule, said the Baltic and International Maritime Council (Bimco), adding that...

Shipping industry calls on IMO to resolve key sulfur cap issues

Shipping industry calls on IMO to resolve key sulfur cap issues

Jun. 22 | The shipping industry is urging member states of the International Maritime Organization (IMO) to make progress on key challenges around the global sulfur cap to avoid compromising safety or unfairly penalizing individual ships. The industry’s representatives—Baltic...