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Wednesday, June 17, 2026
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Pakistan

Pakistan’s first large scale delivery of very low sulphur fuel oil

On 17 November 2025 the Vitol-owned Singapore flag barge Marine Ista (8,722dwt) was the first bunker barge to load directly from Karachi Port Trust...

First dismantling yard in Pakistan approved

Pakistan has taken a step forward on the global ship recycling scene. Prime Green Recyclers in Gadani has become the country’s first yard to...

Hong Kong Event Highlights Critical Investment Opportunities and Challenges in Sustainable Ship Recycling

The event came at a pivotal moment for the maritime industry. With the Hong Kong International Convention for the Safe and Environmentally Sound Recycling...

Global Ship Recycling Markets Navigate Volatile Currency Trends: Liquidity Pressures and Shifting Buyer Sentiment: BEST OASIS

India, traditionally the most active ship-recycling destination, remained cautious this week as unpredictable dollar movements weighed heavily on domestic sentiment. The Indian rupee, which...

GMS Week 48 – STUMPED, YET PRIMED!

Global market chaos continues post-Thanksgiving like a bad stomach after too much turkey. Steel plate prices were the highlight of the entire sub-continent—and even...

Prime Green Recyclers becomes Pakistan’s first Hong Kong Convention compliant yard; GMS welcomes the milestone

GMS extends its congratulations to Prime Green Recyclers on becoming the first ship recycling yard in Pakistan to achieve full compliance with the Hong...

Li Ka-shing sells port, faces another setback!

According to Reuters, the deal for a consortium led by BlackRock and MSC to acquire the majority of CK Hutchison’s global port business is...

Pakistan claims first Hong Kong Convention-compliant recycling yard

Pakistan’s ship recycling sector has taken a long-awaited step onto the global compliance ladder, with Prime Green Recyclers becoming the country’s first Hong Kong...

Ship recycling new technologies proposed in Hong Kong by finance sector

The finance and investment community in Hong Kong, China was informed of the growing opportunities and urgent needs in sustainable ship recycling. The event, organized...

Critical for Singapore to identify maritime threats, as terrorist attacks can come from sea: Shanmugam

A potential attack from the sea could result in a crisis, affecting maritime trade, which accounts for about 7 per cent of Singapore’s gross...
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