The ship recycling activity has been slow so far, with minimal transactions. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “market conditions are rather sluggish this week where few, if any, transactions are being negotiated,…
Ship Recycling Bogged Down as Monsoon Period is in Full Swing Read More »
Shipowners face an ultimatum this year – upgrade their Carbon Intensity Indicator (CII) technology to comply with new laws or scrap their vessel. CII data from the previous year must have been calculated and reported to the Data Collection System…
In an increasingly complex world with multiple challenges, HD Hyundai has decided to transform from a shipbuilder to a high-tech-focused “future builder” company developing solutions for decarbonization and digitalization. When Hyundai Heavy Industries…
From heavy industries to high-tech: HD Hyundai turns the page Read More »
Demand for “green” ships is expected to boom over the coming years, already prompting the reopening of decommissioned shipyards, especially in China, while yard utilization percentages are also on the rise. In its latest weekly report, shipbroker Inter…
Shipbuilding Industry Entering a New Growth Era Read More »
On 7 July 2023, after two weeks of intense negotiations, the member states of the International Maritime Organization (IMO) unanimously adopted the 2023 IMO Greenhouse Gas Strategy. This landmark agreement replaces the 2018 Initial Strategy and signifi…
A new climate deal for shipping: Three decades to zero Read More »