Shipbreaking
- Shipyards
Ship demo rates close in on the $500 mark for the first time since 2014
Ship demo rates are roaring ahead with the $500 per ldt mark on course to be broached for the first…
Read More » - Shipyards
Bangladeshi widow wins landmark shipbreaking ruling
In a landmark decision that could shake up the ship recycling trades irrevocably, a judge in London has ruled that…
Read More » - Containers
9,600 teu Maersk ship sets demo record
Maersk ships continue to set container demo records. While the 7,403 teu Kokura and Kawasaki, originally Katrine Maersk and Kirsten…
Read More » - Regulatory
Shipowning organisations seek delay to impending European hazardous material regulation
Some of the world’s largest shipowning organisations have written to Virginijus Sinkevičius, the European Commissioner for the environment, oceans and…
Read More » - Shipyards
Alang coronavirus scare sparks concern of another demo closure
Shipbreaking, which had only recently gradually emerged from lockdown, risks being put back on hold as news emerges of four…
Read More » - Europe
Kokura, the ship that helped transform containerisation, heads to Bangladesh demo yard
Costamare has announced the sale of the largest container vessel ever scrapped. Brokers Braemar ACM report that the 1997-built 7,403…
Read More » - Asia
Demolition market gradually reopening
The shipbreaking sector is gradually reopening for business in South Asia providing owners with an alternative outlet for the growing…
Read More » - Europe
UK court freezes assets of top Dubai demo executive
A court in the UK has frozen £62m ($76.37m) in assets belonging to a well-known name in Dubai ship recycling…
Read More » - Asia
Bangladesh follows India and Pakistan in suspending all shipbreaking
Bangladesh has followed Pakistan and India’s lead in issuing a two-week moratorium on all ships heading to the south Asian…
Read More » - Asia
India and Pakistan bar ships for demo
Shipping companies looking at sending their ships for demo in south Asia are likely to face severe disruption thanks to…
Read More » - Asia
World’s largest shipbreaking destination throws a coronavirus curveball
Vessels bound for demolition at the world’s largest shipbreaking destination, Alang, are set for a coronavirus curveball. Shipbroker Clarkson Platou…
Read More » - Contributions
IMO 2020 and demolition volumes
Is there a discernible scrapping trend brought about by the eight-week-old global sulphur cap? Jason Jiang investigates. The new IMO…
Read More » - Asia
Stellar Daisy’s sister ships sent for demo
Two months ahead of the third anniversary since the sinking of the Stellar Daisy with the loss of 22 lives,…
Read More » - Greater China
Kenneth Koo wins landmark cape demolition case
Ships sent for scrap cannot then resurface trading again, a landmark court case has ruled. The Kenneth Koo-led Tai Chong…
Read More » - Asia
India signs up to Hong Kong ship recycling convention
New Delhi on Wednesday approved India’s accession to the Hong Kong Convention for ship recycling, becoming the first of the…
Read More » - Asia
Action plan presented in Bangladesh to improve shipping’s most dangerous profession
With the death toll at Bangladesh’s shipbreaking yards showing no sign of abating, a local trade union has presented the…
Read More » - Asia
Two dead, three injured at Bangladeshi breaking yard
Two workers were killed and three others injured after a cable attached to a ship collapsed on them at a…
Read More » - Shipyards
Demo prices on the slide
Demo rates are on the slide, having dropped by more than $100 per ldt over the last six weeks to…
Read More » - Americas
Bunge signs up to the Ship Recycling Transparency Initiative
Bunge, a giant agribusiness shipper, has become the first in its industry to join the Ship Recycling Transparency Initiative (SRTI),…
Read More » - Asia
Asian owners urge China and India to ratify Hong Kong Convention on ship recycling
The Asian Shipowners’ Association (ASA) has called on China and India to hurry up and ratify the Hong Kong Convention…
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