Tag: Ship Recycling
Constricted Demand Hampers Ship Recycling
The ship recycling industry faces unprecedented challenges, with empty yards, supply bottlenecks, and suppressed demand. The director of a prominent ship recycling facility in...
MSC Tops In Ship Recycling And Purchases
Mediterranean Shipping Company (MSC) is leading the way both in ship demolitions and ship purchases.
Leading The Race
Cash buyers said that MSC has scrapped 15...
GMS Reports Feverish Buying in Ship Recycling Markets
Cash buyer GMS reports another week of “astonishing” activity in sub-continent ship recycling markets, with owners and cash buyers primarily focusing on the Indian...
Record High Ship Deliveries Boost Container Fleet Capacity by 4.3%
In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at deliveries of new container ships reaching a...
In Fleet Renewal, Wan Hai Will Dump More Aged Tonnage
A Loadstar news article speaks about Wan Hai to offload more old tonnage in fleet renewal.
Second round of ship demolitions
Wan Hai has launched a...
Ship Recycling Back in The Spotlight
The commitment recently made by Bangladesh, a leading ship recycling nation, to ratify the Hong Kong Convention for the Safe and Environmentally Sound Recycling...
Over 15,000 Ships Could Be Recycled By 2032!
As recycling volumes increase, it is increasingly important that the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships is...
Revolutionizing Ship Recycling Industry: ASRY To Break Up Ship For ECC
A relative newcomer on the ship recycling scene, EEC has acquired from Taiwan-based container line, Wan Hai Lines. The Netherlands-based ship recycling firm acquired...
Portugal Ratifies Hong Kong Ship Recycling Convention
The Portuguese government has ratified the Hong Kong International Convention on Ship Recycling, transposing it into national law. Portugal’s action brings to 20 the...
Appeals Court Explores the Limits of Individual Shipowner Responsibility
Illegal scrap of vessels can result in criminal liability which may be applicable not only to the ship owning company, but also to shipyards,...