
Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which

Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.