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Friday, May 2, 2025
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CATEGORY

Shipbreaking

Demolition Market on the Mend

According to the shipbroker, “the three recycling destinations in the Indian sub-continent are really suffering from the monsoon rains with flooding throughout the areas...

Ship Recycling Market Exits “Crisis Mode”, Outlook Now More Positive

The shipbroker added that “Bangladesh once again feels the firmest market with mixed signals coming from Pakistan as to how aggressive they are for...

Ship Breaking: Prices Leveling Off

As we enter the traditionally quieter monsoon season, it is of little surprise to see recycling markets remaining inert and quiet, with rains /...

Tanker scrapping on the rise as carriers await rally

636 ships were sold for scrapping in 2021, an increase of 15 percent compared to the year before, reveal figures by VesselsValue. Tanker operators...

High earnings in shipping have vessel scrapping on the decline

The currently fine financials within container, dry bulk and tanker have made shipping companies scrap far fewer older vessels this year, according to a...

Ship recycling – Norwegian Appeals Court explores the limits of individual shipowner responsibility

At the end of their useful life, ships are recycled for the valuable steel and other materials that can be re-used. End of life...

LME scrap weekly trading volumes reach two-year high

Weekly scrap futures trading volumes on the London Metal Exchange rose sharply on week in the week to July 8, as the physical price...

Heerema assists in the decommissioning of British drilling rigs

  The Dutch group, Heerema Marine Contractors and AF Offshore Decom have cooperated in the main jacket removal of the Brae Alpha West Drilling Rig...

Decommissioned North Sea platform’s new lease on life as ‘one of the UK’s largest public art installations’ – gallery

A decommissioned North Sea platform, which is part of a project called SEE MONSTER being brought to life by NEWSUBSTANCE Collective as a large-scale...

Wood to oversee first decom phase of Timor Sea FPSO

UK oilfield services provider Wood Plc has been contracted by the Australian government to supervise the first decommissioning phase of a floating production, storage...
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