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Posts tagged with "Baltic and International Maritime Council"

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...

Shipping lauds new IMO emissions strategy but sees challenges

Shipping lauds new IMO emissions strategy but sees challenges

Apr. 16 | The shipping industry has welcomed the adoption by the International Maritime Organization (IMO) on April 13 of an initial strategy to further reduce greenhouse gas (GHG) emissions from ships, but expects challenges and hard work ahead if the IMO ambitions...

Record demolition augurs well for boxship industry, says Bimco

Record demolition augurs well for boxship industry, says Bimco

Nov. 11 | Containership demolition has reached an all-time high and provides a positive surprise for the struggling container shipping industry, according to the Baltic and International Maritime Council (Bimco). Bimco said that from January to October this year,...

Box ship capacity projected to top 20 million TEUs this year

Box ship capacity projected to top 20 million TEUs this year

May. 20 | The container shipping fleet is expected to break through the 20 million TEU barrier this year, prompted largely by the arrival of mega ships, according to the Baltic and International Maritime Council (Bimco). While 2016 will see the lowest fleet growth...

Projections of slower economic recovery to hit shipping hard, says BIMCO

Projections of slower economic recovery to hit shipping hard, says BIMCO

Jan. 24 | The global shipping industry will find little to rejoice in 2015 as projections for economic growth and recovery have been slightly downgraded, according to the Baltic and International Maritime Council (BIMCO). While the industry continues to suffer...