Shipbreaking
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Shipyards
Demo rates set to crash through the $400 per ldt mark for first time in nearly two years
Extremely aggressive buying by Bangladeshis in particular is driving ship demo rates towards the $400 per ldt mark, heights not…
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Europe
European Ship Recyclers Group established
Five of the EU’s approved recycling yards have signed an agreement to establish the European Ship Recyclers Group (ESR). The…
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Shipyards
Demo rates strengthen to above $350 per ldt
Owners should scrap more ships to take advantage of some very firm recycling prices coming out of South Asia at…
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Asia
Tsuneishi to create giant $100m recycling yard in the Philippines
Japan’s Tsuneishi Shipbuilding is readying a massive new ship recycling facility in the Philippines. The firm, which already has shipbuilding…
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Dry Cargo
Cape scrapping down by more than 50% in 2017
Despite calls from many luminaries in dry bulk for the sector to get back to scrapping, owners simply are not…
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Dry Cargo
‘Aggressive’ cape scrap price could entice owners to head for the beach
Capesize owners could be swayed to scrap more ships following the very firm $345 per ldt Star Bulk achieved for…
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Asia
One-third of shipbreakers in Bangladesh at risk from lung diseases
Bangladesh’s Occupational Safety, Health and Environment Foundation (OSHE) has unveiled a shocking study that claims one third of workers in…
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Asia
Tankers and gas ships banned from Gadani
Tankers and gas ships will not be allowed to be broken up at Pakistan’s prime ship recycling area, Gadani, until…
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Europe
German owners named and shamed for dire shipbreaking record
German shipowners have come in for sharp criticism for their shipbreaking choices. In a new report from NGO Shipbreaking Platform…
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Containers
100 more panamax boxships need to be scrapped
Up to one hundred further panamax containerships will need to be scrapped before the segment can regain its footing again,…
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Asia
Rickmers Trust sends another boxship for scrap
Rickmers Trust Management continues to slim down its fleet in order to keep creditors at bay. The 2004-built, 5,100 teu…
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Containers
2017 set for record 750,000 teu of boxship scrapping: Alphaliner
French container consultants Alphaliner suggest 2017 will be another record year for containership scrapping with some 750,000 teu of ships…
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Asia
Gadani closed following latest fire
Authorities have once again closed Pakistan’s main shipbreaking site at Gadani following the third fire there in two months. The…
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Europe
Hammonia Grenada sets new record as youngest boxship heading for scrap
A new unfortunate record has been set in container shipping with news that the seven-year-old panamax has been sent for…
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Asia
Five confirmed dead following latest fire at Gadani
Five workers have been confirmed dead after yet another fatal fire ripped through a ship at Pakistan’s ship dismantling centre…
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Containers
Boxship owners send record 700,000 slots for scrap in 2016
Latest statistics from brokers Braemar ACM show that container scrapping has accelerated dramatically in recent weeks with the 700,000 container…
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Asia
Tankers head back to Gadani for scrapping
Two tankers have been sent for scrap in Pakistan, as authorities finally reopen the Gadani ship recycling area, one month…
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Asia
Pakistan’s prime minister urged to lift shipbreaking ban
The Pakistan Ship Breakers Association (PSBA) has called on the prime minister, Nawaz Sharif, to lift the ban on ship…
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Asia
Final Gadani fire death toll still unknown
24 days have passed since the terrible explosion that ripped through a beached FSO at Pakistan’s ship recycling area of…
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Contributions
The changing face of ship recycling in India
A contribution from Shashinath Mishra, head of Indian Register Quality Systems. India has the largest ship recycling industry, being responsible…
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