CONFIDENCE CLIMBS TO 18-MONTH HIGH In November 2019, the average confidence level expressed by respondents was 6.4 out of 10.0, compared to 5.8 in August 2019. This is the highest rating since the same level of confidence was recorded in May 2018, and …
Shipping confidence hits 18-month high Read More »
The US has seen a big drop in the import of Christmas tree lighting sets from China. In the first ten months of 2019, the US imported 147 million Christmas tree lighting sets, just over half of which came from Cambodia, a big change from 2018, where &#…
BIMCO Shipping number of the week: 147 million Christmas tree lighting sets Read More »
One of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling trade-to-GDP ratio. The falling ratio can be explained by slowing globalistation as well as increasing pro…
BIMCO: Shipping’s Supply And Demand Trending Off Balance Read More »
A global regulation that will substantially reduce harmful sulphur oxide (SOx) emissions from ships comes into effect from 1 January 2020, bringing significant benefits for both human health and the environment. From 1 January 2020 the global upper lim…
IMO 2020 – cleaner shipping for cleaner air Read More »
In an unprecedented move, the international shipping community has today announced plans to create the first collaborative shipping R&D fund, intended to eliminate CO2 emissions from international shipping. The proposal includes core funding from s…
Global shipping sector announces $5billion R&D fund to eliminate CO2 emissions Read More »