Shipbreaking
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Asia
Scrap prices improve, more capesize demolitions on the horizon
London: Scrap prices have turned a corner and are up by around $20/LDT as local steel plate prices improve and…
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Asia
Another capesize bulk carrier scrapped today
London: Another capesize bulk carrier is headed for a beach on the Indian subcontinent today, the 19th such vessel to…
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Greater China
CMES to dispose of eight vessels
Shanghai: China Merchants Engery Shipping (CMES), the state run energy shipping giant, has announced that it has decided to dispose…
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Dry Cargo
First 21st-century capesize sold for demolition
London: Japan’s K Line has sold a 15-year-old capesize vessel for demolition, making the vessel the youngest cape to be…
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Dry Cargo
Bulker scrapping increases with poor dry cargo market
London: Demolitions of dry cargo vessels have increased again this month, and the average age of bulkers being scrapped has…
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Asia
Alang safety upgrades impress Japanese delegation
A 14-member Japanese delegation expressed guarded satisfaction at the safety upgrades undertaken by four of the 140 yards operating in…
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Greater China
Hapag-Lloyd’s recycling commitment seen as boost for China’s yards
Hong Kong: The NGO Shipbreaking Platform has applauded Hamburg-based Hapag-Lloyd for having adopted a new, progressive ship recycling policy, something…
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