Column

Concerns on stall in shipbuilding market

Shipbuilding industry is expected to enter 'a new super cycle' against a backdrop of demands for replacing vessels delivered during 2005-2010, but this year's newbuilding price is likely to fall. Despite of raising capacity,..

News > Column > 2025-03-28 16:00:35

Is it possible nuclear ship in South Korea?

Is it possible to own a nuclear propulsion ship, a hot potato for the Korean naval buildup? Why not? Nuclear propellants can operate underwater for a long time and can achieve tremendous speed, so they are called dream weapons that c..

News > Column > 2025-03-28 09:42:16

Effects uncertain for U.S. attack on China

While the U.S. holds China that maintains its quantitative edge in shipbuilding and shipping sectors in check, the office of the United States Trade Representative (USTR) proposes hefty new port charges—up to $1m per U.S. port cal..

News > Column > 2025-03-07 16:24:11

MR1 tanker rarity increases

Owners who have taken the risk of ordering the less popular MR1 product tankers are set to benefit in the future. According to shipbroker BRS, the company noted that the orderbook for MR1 vessels, typically ranging from 30,000 to 40,..

News > Column > 2025-02-24 17:30:11

Beyond fuels and technology: The human element in maritime decarbonisation

The maritime industry is at a pivotal moment in its decarbonisation journey. Over the past decade, the sector has transitioned from focusing solely on air pollutants like sulphur oxides to adopting comprehensive strategies for reducing ..

News > Column > 2024-12-12 09:19:09

LNG investment still essential as alternative fuel

Although LNG is advancing more rapidly than other alternative fuels and approaching a mature stage, experts emphasize that substantial investment is still required to achieve full decarbonization. According to SEA-LNG, a London-based..

News > Column > 2024-12-10 09:29:18

Energy transition may cause vessel demand fluctuation

Within the energy industry, some express worry that the goal of limiting temperature rise by 1.5 degrees celsius may in turn, come as uncomfortable for many owners of carriers and tankers. Rystad Energy, an agency that specializes in..

News > Column > 2024-11-08 09:21:12

Navigating the challenges of underwater radiated noise: A win-win for emissions and ocean health

The maritime industry's push toward decarbonisation brings an unexpected benefit: the reduction of underwater radiated noise (URN). While the sector focuses intensively on emissions reduction and fuel efficiency, these same measures..

News > Column > 2024-10-31 09:22:22

China expanding capacity amidst strong demand

The Chinese shipbuilding industry is undergoing rapid growth due to high demand for new vessels and increasing global shipping needs. Major shipyards are heavily investing in expanding their production capabilities to build various vess..

News > Column > 2024-09-05 09:28:17

"LNGC price decreases hard"

New LNG carrier orders are expected to rise every year by the middle of 2030 against a backdrop of firm demands for newbuilds, and the current high price of vessels is likely not to decrease easily, an industry expert forecasts. Over..

News > Column > 2024-09-02 09:30:21