BIMCO Search Results

Demand

We forecast that crude tanker cargo volumes will grow 1.0-2.0% year-on-year in both 2024 and 2025. The average sailing distance is predicted to increase 7% in 2024 due to ships avoiding the Red Sea and the Suez Canal but fall approximately 5.5% in 2025 as we assume that ships may be able to return... Please follow the link to continue reading.

Anti-piracy collaboration in Gulf of Guinea is gradually firming up

International support for anti-piracy operations in the Gulf of Guinea by non-regional navies is growing. BIMCO strongly supports the efforts and is committed to stimulating discussions and finding solutions to repress piracy in the region. A recent plenary meeting saw support from many nations in ... Please follow the link to continue reading.