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BIMCO COVID 19 weekly report dated 3 June 2022

This BIMCO COVID 19 weekly report for the week ending 3 June 2022 covers the International Maritime Organization (IMO) including crew change national contact point, Russia, Turkey, Ukraine and the latest from the World Health Organization (WHO) and the International Labour Organization (ILO). Every ... Please follow the link to continue reading.

Demand

We estimate that crude tanker demand will increase by 6.5-7.5% in 2024 and 2-3% in 2025. Cargo growth is forecast to be 2-3% in 2024 and 1-2% in 2024. Increased sailing distances due to the Red Sea crisis are expected to lift demand in the first half of 2024, whereas the continued shift of crude sup... Please follow the link to continue reading.