The charter rates for multipurpose vessels continue to crawl back up from the low levels of June and July this year. Toepfer’s Multipurpose Shipping Index…
Shipping
Charter rates continue upward trend
BIMCO: Sharp rebound in shipping unlikely
At the Project Cargo Summit, taking place on 23 and 24 September, Peter Sand of BIMCO presented his outlook for project cargo, heavy lift and…
Baltic Dry Index
Coronavirus and IMO2020 cause Baltic Dry Index to crash
The Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The…
People
BIMCO selects David Loosley as new Secretary-General
PRESS RELEASE – BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020. Loosley joins from the Institute of…
People
BIMCO CEO Angus Frew to step down
PRESS RELEASE – BIMCO Secretary-General & CEO, Angus Frew, has announced he will step down in the summer of 2020, as he wishes to spend…
BIMCO creates first standardized decommissioning contract
PRESS RELEASE – BIMCO’s new Dismantlecon contract is the first global standard contract designed for the dismantling and removal of offshore structures in the energy…