BIMCO
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Marine World
Crude Tanker Order Book Hits Nine-Year High as Fleet Renewal Accelerates
The crude tanker sector is experiencing its most significant shipbuilding boom in nearly a decade, with the order book-to-fleet ratio…
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Marine World
Shipping Industry Reaffirms Support for IMO as Global Regulator Following Carbon Pricing Delay
The Tripartite Forum of shipbuilders, shipowners and classification societies convened in Busan, South Korea last week, bringing together more than…
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Marine World
Container Shipping’s Recycling Backlog Reaches 1.8 Million TEU as Industry Faces Fleet Age Crisis
A recycling overhang of at least 500 container ships totaling 1.8 million TEU has accumulated in the global fleet, according…
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Maritime News
BIMCO: Recycling Wave Could Come After Ships Hung on to Deliver More Boxes
The shipping industry has speculated for years that a potential recycling wave might be coming, but it was delayed by…
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Port News
BIMCO moves to draft clause on new Chinese port fees
BIMCO has begun work on a new standard clause to address recently announced port fees imposed by China on ships…
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Port News
USTR fees could impact 35% of key sectors’ ships: BIMCO
When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come…
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Marine World
Bulker Fleet Growth Slows Despite Projected Six-Year Delivery High in 2026
The global dry bulk fleet is expanding at only half the pace seen during the 2010s, despite forecasts showing bulker…
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Port News
BIMCO issues clause to tackle US fees on China-linked ships
The Documentary Committee of the world’s largest shipping association, BIMCO, has adopted a standard clause aimed at addressing contractual uncertainties…
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Marine World
China’s Shipbuilding Market Share Plummets as U.S. Port Fees Loom
Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025,…
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Marine World
Maritime Industry Condemns Deadly Red Sea Attacks
Major shipping organizations have issued a joint statement condemning the recent attacks on vessels in the Red Sea that have…
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