ShippingThe 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 for October shows an increase of 70 dollars to an...Read more
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 breakbulk shipping. He sees ‘an industry under pressure’. Yet, there...Read more
Baltic Dry IndexThe Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The index currently stands at 487 points, down more than 1,100...Read more
PeoplePRESS RELEASE – BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020. Loosley joins from the Institute of Marine Engineering Science & Technology (IMarEST) which he has successfully...Read more
PeoplePRESS RELEASE – BIMCO Secretary-General & CEO, Angus Frew, has announced he will step down in the summer of 2020, as he wishes to spend more time in the UK and less time working. The...Read more
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 sector. It is now available and aims to provide a...Read more