Shipbreaking

China

Global trade shifts spark ULCVs boom

portnews - July 19, 2025

The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape...

Australia

INTERCARGO: Key performance and safety trends of bulk carriers

Monica Germany - July 16, 2025

INTERCARGO has published its Benchmarking Report for 2024, revealing key safety and performance trends regarding dry bulk vessels. According to the report, in 2024, the...

Brazil

VLCC Market Hopeful for Strong H2 2025 Amid Tariffs and Geopolitics

portnews - July 16, 2025

Mainstream tanker demand into China has increased, with a notable rise in movements from long-haul areas like West Africa and South America. The Very Large...

China

Phoenix Shipping “Turns Losses into Profits,” Plans to Scrap Two Aging Bulk Carriers

Zhang Weili - July 12, 2025

On July 11, Phoenix Shipping (Wuhan) Co., Ltd. (Stock Code: 000520, Stock Abbreviation: Phoenix Shipping) announced its plan to scrap two aging bulk carriers. According...

Market

Best Oasis Weekly Recycling Market Report, 11 July 2025

Alexa Laguna - July 12, 2025

Ship recycling markets across South Asia and Türkiye continue to face a lack of momentum, with sentiment soft and activity largely stagnant. Source: Best Oasis...

Bangladesh

Global dry bulk vessel scrapping may hit a 35-year low.

Zhang Weili - July 12, 2025

With the formal implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), the global ship recycling...

Brazil

Fleet capacity growth is sluggish, and future ship scrapping volumes will increase.

Zhang Weili - July 10, 2025

Clarkson Research recently released its mid-year review of the shipping market. Steve Gordon, its Global Head, noted that the ClarkSea Index—a key indicator of...

China

Suzhou City Vigorously Promotes the Scrapping and Renewal of Aging Commercial Vessels

wpoadmin - July 10, 2025

On July 8, 2025, the dismantling of the vessel "Wan-Suzhou Cargo 2630" commenced at Xinmin Ship Recycling Co., Ltd. in Jingjiang City, Jiangsu Province,...

Aliaga Port

Fire Breakouts on Controversial Tanker at Turkish Scrapyard

Priya Anika Rajan - July 4, 2025

A supertanker, which for many years had been used as a storage platform off Libya, is once again causing controversy after a fire broke...

News

Euroseas Boxship Sold for Scrap as Environmental Regulations Loom

portnews - December 30, 2022

More containerships are expected to head for scrap as demand falls and environmental regulations loom Just weeks after admitting that the age profile of its...

123...19 Page 2 of 19