Retailers are going one more step ahead to main their supply chain post covid times. As we know that earlier retail giant like Walmart, Ikea etc chartered ships for their supply, now news is that COSTCO has hired around 3 ships of around 1000 TEU capacity each to move the supplies faster from ASIA to […]
South Korean Shipping Yard DSME and ABS, are working together to make first CO2 carrier in the coming months. ABS and Yard are right now designing the ship with a capacity of around 70,000 cubic meters. This is part of developing ecosystem for transport and storage of the Co2 which is used a lot in […]
As natural phenomenon applies, a thing constructed, will get deconstructed after his life is over. So does, happens with shipping industry too. There are various factors that make shipbuilding recycling unit a profitable business. Ship alone being so costly, its dismantling is also profitable. Metals, machinery and other equipment are taken out of it and thus can be used […]
