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Shipbreaking

Ship Recycling: Duties Reduced, Prices Down

After the announcement by the Indian government that they would reduce export duties on iron ore and steel products, the Alang market surged by...

Ship recycling at a turning point: Reasons for optimism

Breaking the global fleet on the beaches of India, Bangladesh and Pakistan causes irreversible damage to workers and the environment. This is no longer...

Key steps to develop and implement a ship recycling strategy

  Ship Recycling. Basically just an expression. Quite amazing though how much content there is behind these two words, notes Mrs. Jessica Röttmer, Ship Recycling...

Entering the era of green recycling

  The ship demolition industry is one of the fastest-growing industries. The inclination towards environment-friendly demolition of ships after their completion of the ship’s service...

International organisations join forces to help shipowners meet recycling regulations

The International Chamber of Shipping (ICS) and BIMCO, together with the International Ship Suppliers’ Association (ISSA) and the International HazMat Association (IHMA), have collaborated...

Sustainable Ship Recycling & Environmental Footprint

The next decades will be immensely critical in resolving the climate change phenomenon. The impact from the transportation industry plays a significant role and...

Hong Kong Convention vs EU Ship Recycling Regulation: Where we stand

  Firstly, introduced in 2019, the Hong Kong Convention still waits for its ratification and will enter into force 24 months after it has been...

UK plans to scrap ‘vanity’ £250m national flagship yacht

  The UK is planning to scrap plans for a national flagship yacht after critics branded it a Boris Johnson “vanity project”. Work on the £250m...

Ship Recycling: Lack of Tonnage a Major Issue

In a separate note, Allied Shipbroking added that “the ship recycling market has been holding within uninspiring territory for some time now, something quite...

Smaller Containerships Most Likely to Face the Chopping Block

A period of aggressive vessel scrapping will be required to address a looming “severe risk of overcapacity” in container shipping. But the likely demolition candidates...
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