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’24 Boxship Deliveries Set Record, BIMCO

Shipyards’ deliveries of container ships reached a new annual record just 10 months into 2024, said BIMCO, the organization for ship owners, charters, brokers and agents.The 410 ships delivered with combined capacity of 2.5 million 20-foot equivalent units bettered the previous high of 2.3 million TEUs set in in 2023.The container fleet has increased by 2.4 million TEUs, or 8.7 percent, since the beginning of 2024, as recycling of older ... [+]

BIMCO Adopts Autonomous Ship Agreement

BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships.The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver services for the operation of remotely controlled or fully autonomous ships. Remotely controlled ships are currently used primarily in ... [+]

Containership Deliveries Set Record, BIMCO

Container ship deliveries are continuing their blistering pace into 2024, BIMCO said, as deliveries have already topped 1 million TEUs of container ship capacity in the first four months of the year.The pace is an 80 percent increase over the same period in 2023, when deliveries reached 2.3 million TEUS ... [+]

BIMCO: Red Sea, Gulf of Aden Cargo Down 21%

Cargo volumes to and from ports in the Gulf of Aden and Red Sea during the first seven months of 2024 declined 21 percent compared to the year-earlier period, according to BIMCO the international association for shipowners.“The number of ships arriving in these ports significantly declined as merchant shipping increasingly ... [+]

BIMCO Works on Wind Turbine Contract

BIMCO, one of the largest international shipping association for shipowners, has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines.The project aims to support the offshore wind industry as global demand for renewable sources of energy increases.Work on the contract, ... [+]

BIMCO Sees Steady Dry Bulk Market

BIMCO expects the dry bulk market to remain steady through 2025, according to the shipping association’s January Dry Bulk Shipping Market Overview and Outlook.The dry bulk market will look much like 2023 in each of the next two years, BIMCO said. Supply is expected to grow 1 percent to 2 ... [+]

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