BIMCO

It was a great pleasure to host the Maritime Cyber Guild at #BIMCO House to discuss a wide range of topics, including #cyber incident response plans, #cybersecurity verification of newbuilds, and the human aspects of information security. The Guild is composed of cyber and information security experts from the marine sector and meets every 3-4 months to discuss pertinent topics and exchange information about the constantly developing #maritime cybersecurity landscape. A big thanks to the Guild master, Christopher Stein, for being at the helm.

Liquid cargo of the month November 2024 – Liquid chemical waste The BIMCO Liquid Cargo database is intended for use by for shore-side staff and to some extent for newcomers to the tanker trade and should only be used as a reference tool providing brief information regarding the more than 330 of the commonly transported liquid cargoes including Liquid chemical waste. BIMCO members can find out more: https://lnkd.in/drBYj7MU #BIMCO #liquidcargo #cargo #shipsandshipping

In this month's Tanker Shipping Market Overview & Outlook, Niels Rasmussen, BIMCO's Head of Shipping Analysis & Chief Shipping Analyst, highlights: - A slight strengthening of the crude tanker supply/demand balance is forecast for 2025, but it could weaken in 2026 if ships can return to normal routings - The IMF estimates that the global economy will grow 3.2% in 2025 and 3.3% in 2026. Growth is slowing in key countries such as the US, China and India - The crude tanker supply is estimated to grow 1.3% in 2025 and 2.1% in 2026 as the order book remains small Read, watch or download the full report: https://lnkd.in/dc5k8P7T #BIMCO #MarketAnalysis #ShipsAndShipping

Join us in Chennai for an exclusive networking reception featuring remarks from BIMCO's President, Nikolaus Schües, Secretary General & CEO, David Loosley, and Regional Manager & Technical Advisor Capt. Ashok Srinivasan, MBA, AFNI. This event offers a unique opportunity to connect with peers over dinner and engage in insightful discussions about the industry's pressing issues. Read more: https://lnkd.in/dqgj2k_3 #BIMCO #Networking #MaritimeIndustry

Last week, BIMCO Secretary General & CEO, David Loosley, attended the Institute of Chartered Shipbrokers Canada’s Dry Bulk & Commodities Conference in Vancouver. In his keynote speech addressing sustainability, geopolitics, outlooks and forecasts, Loosley said: “We are facing the urgent task of decarbonising the world fleet without disrupting world trade, while operating in an environment of increasing geopolitical volatility, challenges and conflicts. But shipping has always faced disruption and has a good track record in effectively responding to the chaos thrown its way. As we have all seen in the past, it takes a lot to really disrupt shipping. And yet, sometimes, we are reminded that it can also take very little.” #BIMCO #GlobalTrade #ShipsAndShipping

The FuelEU Maritime clause is adopted! “This clause has been eagerly awaited by the industry. January is almost here, and the FuelEU Maritime regulation is complex. Because of this, we have carried out several industry consultations during the drafting process to make sure that we arrived at a clause that works in practice,” says Stinne Taiger Ivø, Deputy Secretary General and Director of Contracts at BIMCO. Read the full press release: https://lnkd.in/dDst7Ehc #BIMCO #FuelEUMaritime #ShipsAndShipping

This week, BIMCO successfully hosted the first SUPPLYTIME Masterclass in Athens!   We had the privilege of welcoming participants from different places around the world, all coming together to deepen their knowledge and understanding of the SUPPLYTIME contract.   Our expert speakers, Tony Concagh and Ian Perrott, provided valuable insights into the contract's intricacies, ensuring a comprehensive learning experience for all attendees.   A huge thank you to everyone who joined us and made this event a success, as well as to Peter Grube and the Greek office for organising the Masterclass. We would also like to thank Hanseatic Offshore Brokers (HOB) for sponsoring the drinks. #BIMCO #SUPPLYTIME #BIMCOTraining

Navigating the complexities of the ship recycling regulatory landscape? BIMCO's Gudrun Janssens will speak on the upcoming live webinar "Ship Recycling Regulations Uncovered: Understanding Policy Overlaps and Existing Challenges", 26 November, where you will be able to learn more about the regulatory framework from the expert panel.   You can register here: https://lnkd.in/dqFBCCu6

The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y. The capesize market has benefited from a 1% increase in shipments so far in November compared to October 2024 and November 2023. However, the increase has not been enough to recover to the highs seen during the first three quarters of 2024. BIMCO members can read the full report: https://lnkd.in/dnpzhuek #BIMCO #BalticDryIndex #MarketReport