Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Mineral Resources (KIGAM). The 92-meter long and 21-meter wide vessel will be constructed at Hanjin Heavy Industries & Construction in South Korea. According to Ulstein,...

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The captured CO2 will be transported by vessels for storage (CCS) and reuse (CCU) and thereby enabling large-scale emission reductions. Iceland’s Carbfix and the Danish shipping company Dan-Unity CO2 have entered into an agreement for the transfer of CO2 to the Coda...

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In the global business ecosystem, the shipping industry has invariably faced the interconnection between geopolitical events, risks, and opportunities. To navigate this complex business environment shipping companies have developed a global outlook and insight, robust...

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China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021. Amid the China-Australia trade dispute, China has significantly increased its imports from the US, Canada, Colombia,...

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The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a stellar couple of months for commodities, with prices and demand having risen at an ever...

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