• 17.9C New York
  • Monday,July 1
  • VESSEL REVIEW | SST Grizzly and SST Orca  – Escort tug beasts for British Columbia

    VESSEL REVIEW | SST Grizzly and SST Orca – Escort tug beasts for British Columbia

  • VESSEL REVIEW | Harald – Flexible landing craft for Stockholm archipelago

    VESSEL REVIEW | Harald – Flexible landing craft for Stockholm archipelago

  • VESSEL REVIEW | PSA Thor and PSA Hulk – PSA Marine’s two new superhero tugs

    VESSEL REVIEW | PSA Thor and PSA Hulk – PSA Marine’s two new superhero tugs

  • VESSEL REVIEW | Raiymbek Batyr – Part of a six-vessel tug fleet for Khazakstan

    VESSEL REVIEW | Raiymbek Batyr – Part of a six-vessel tug fleet for Khazakstan

  • VESSEL REVIEW | Odyssey 1 – Fast pilot boat for Australia’s biggest port

    VESSEL REVIEW | Odyssey 1 – Fast pilot boat for Australia’s biggest port

  • VESSEL REVIEW | SST Grizzly and SST Orca  – Escort tug beasts for British Columbia
  • VESSEL REVIEW | Harald – Flexible landing craft for Stockholm archipelago
  • VESSEL REVIEW | PSA Thor and PSA Hulk – PSA Marine’s two new superhero tugs
  • VESSEL REVIEW | Raiymbek Batyr – Part of a six-vessel tug fleet for Khazakstan
  • VESSEL REVIEW | Odyssey 1 – Fast pilot boat for Australia’s biggest port
OPINION: Macroeconomics: Labour market tightens but inflation remains subdued around the globe

OPINION: Macroeconomics: Labour market tightens but inflation remains subdued around the globe

By BIMCO

BIMCO reported in our previous macroeconomics report in April 2017 that monthly indicators were showing a strengthening in the global economy. The firm growth dynamics in advanced economies have now, four months later, had a cascade effect on some emerging markets and developing economies (EMDE). This solid growth has ..

OPINION: Container shipping: Solid demand growth reduces spot rate volatility

OPINION: Container shipping: Solid demand growth reduces spot rate volatility

By BIMCO

As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight rates are up more than 100 per cent from the very low levels of last year, but may still be at a loss-making level now and so spot rates are not the best indicator for market ..

OPINION: Tanker shipping: All eyes on oil market rebalancing – is it happening or not?

OPINION: Tanker shipping: All eyes on oil market rebalancing – is it happening or not?

By BIMCO

The one key factor to watch is the one thing that’s impossible to measure accurately on a global scale – oil stocks. Global stocks for both crude oil and oil products rose significantly following the sharp fall in crude oil prices in the second half of 2014. But while this may seem to be in the past, it is still ..

OPINION: Dry bulk shipping: strong demand improves market as it exceeds high fleet growth

OPINION: Dry bulk shipping: strong demand improves market as it exceeds high fleet growth

By BIMCO

Since early July, capesize rates have gone up and up. By mid-August, they had reached a breakeven level to become profitable. BIMCO estimates that a capesize ship on average fleet financing and operational cost levels, turns profitable when rates are above US$15,300 per day. But the improvements are unfortunately not seen ..

Hamiltonjet secures multi-year project with Taiwanese Coast Guard

Hamiltonjet secures multi-year project with Taiwanese Coast Guard

HamiltonJet recently signed a multi-year, multi-boat project to supply waterjets to the Taiwan Coast Guard for new coastal patrol vessels. To mark the new relationship a ..