Recently, a transaction in the dry bulk secondhand market has drawn high attention to Ultramax asset prices. It is reported that the Dominator, a 64,000 dwt Ultramax bulk carrier built in 2021 at Shin Kasado...

The shipping industry's decarbonization transition has achieved a milestone breakthrough. Mining giant Vale, in partnership with Shandong Shipping, is building the world's first ethanol triple-fuel very large ore carriers (VLOCs). Vale announced that it has signed...

Recently, the Korea Ministry of Climate and Environment (tentative name; official name: Ministry of Environment) signed a "Business Agreement on Assistance for Calculating Greenhouse Gas Scope 3 Emissions in the Shipbuilding Industry" with six major...