Shipbreaking
-
Shipyards
Scrap prices slide
Shipowners have been told to hold off concluding any recycling deals as demo prices collapse in the sub-continent. Steel plate…
Read More » -
Contributions
Green recycling isn’t enough
Carl Martin Faannessen, CEO of Manila-based crewing specialist Noatun Maritime, on just how far behind shipping’s thinking is when it…
Read More » -
Shipyards
More countries urged to enter green recycling sector
With shipping set to go through a once-in-a-lifetime energy transition and the likely volumes of outdated vessels heading for the…
Read More » -
Regulatory
EU ship recycling rules need ‘major surgery’, not a ‘band-aid’
The EU Ship Recycling Regulation needs “major surgery”, but the current proposals offer little more than a sticking plaster, Gudrun…
Read More » -
Shipyards
Demo prices soar
Amid strong demand and limited supply demo prices are soaring to near record prices in Bangladesh and Pakistan. Prices of…
Read More » -
Shipyards
Scottish drydock primed for ship recycling transformation
One of the largest drydocks in the UK will be transformed into a ship recycling facility. ATLAS Decomissioning has taken…
Read More » -
Contributions
Confusion surrounds sustainable ship recycling options
Amit Malhotra, a senior trader at GMS Japan, on the risks posed by competing ship scrapping regulations. Environmental issues are…
Read More » -
Shipyards
Demo rates hit the $600 mark
Demo rates are crossing the $600 per ldt mark, setting highs not seen since 2008, the end of shipping’s last…
Read More » -
Tankers
Sanctions-busting tankers set for the scrapheap
Vintage ships moving sanctioned oil cargoes could head to be broken up as the Biden administration in the US looks…
Read More » -
Contributions
Green as standard
Jon Chaplin from Lucion Marine on the realities of sustainably recycling a ship. An email from Lucion HR arrived last…
Read More » -
Shipyards
Lockdowns in South Asia ease demo rates
Snap Covid lockdowns this week and the impending Ramadan mean owners might have missed the boat to pick up the…
Read More » -
Shipyards
Demo rates smash through $500 milestone
Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of…
Read More » -
Shipyards
Texas home to America’s first EU-compliant shipbreaking facility
America has a yard capable of scrapping ships to European Union standards. International Shipbreaking, part of the EMR Metal Recycling…
Read More » -
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 »