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With the lifting of the epidemic lockdown, international trade is gradually recovering, and the growth of maritime transportation business continues to drive the trade of second-hand ships. The traditional second-hand ship trading market remains in China, Japan, and South Korea. Due to the price advantage of Chinese ships and the rapidly improving ship quality in the past decade, more and more international buyers and sellers are seeking China as a...

2023, in the second-hand ship market for bulk carriers and tankers, Golden Ocean Group and Scorpio Tankers were the most active buyers, having spent more than US$1.1 billion. The top ten companies in the second-hand trading of general cargo ships spent a total of US$1.58 billion on 51 vessels, while the top ten tanker owners bought 90 second-hand vessels and spent a total of US$3.66 billion, more than double that...

The Landing Craft Transport (LCT) is a specialized vessel designed to transport troops, equipment, and supplies from naval ships to the shore during military operations. With its unique features and capabilities, the LCT serves as a crucial link in amphibious assaults and has proven to be an invaluable asset for military forces worldwide.  Efficient Loading and Unloading One of the key features of an LCT is its ability to efficiently...

Cargo Ships - The workhorses of the maritime industry, play a crucial role in facilitating global trade by transporting goods and commodities across vast distances. In this article, we will explore the significance of cargo ships in international trade, their impact on the global economy, and the challenges they face. The Importance of Cargo Ships in International Trade: Cargo ships are the backbone of international trade, carrying over 80% of the...