Dry bulk newbuild contracts dropped 34.2%, says BIMCO
NewsIn early 2024, dry bulk newbuild contracts dropped 34.2% despite favourable conditions, while second-hand sales rose 11.7% amid rising prices and uncertainty.
International maritime organisation BIMCO has added a cargo database to its website which, it says, “provides information on various types of dry bulk cargoes and is a valuable supplement to the International Maritime Organisation’s (IMO) Code of Safe Practice for Solid Bulk Cargoes (BC Code), the International Maritime Dangerous Goods Code (IMDG Code), the International Code for the Safe Carriage of Grain in Bulk (Grain Code) and other relevant publications.”
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