Tag: scrapping

Gard Club highlights the issue of serious scrap metal fires and whether the IMSBC Code is adequately addressing the risks. 

According to Alphaliner data, demolition sales of container vessels in 2024 drop by half compared to 2023.

Altera Infrastructure avoided trial by accepting the NOK 8 million (around $720,048) fine for illegal shipbreaking.

Following a raid on Altera’s office four years ago, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) issued a fine of NOK 8 million (approx. EUR 700,000) on 10 June to Norwegian shipping company Altera Infrastructure for having sold two vessels for scrapping India.

NorthStandard P&I Club presents the risk involved with bulk shipments of scrap ferrous metal, as explained by Dr Neil Sanders of Burgoynes Consulting Scientists and Engineers.

On March 8th, 2023 an oil rig caught fire in Mobile Alabama. The fire was put out but environmental concerns arise as the rig contained diesel, hydraulic fluid, oil and other potentially hazardous substances.

Norway's supreme court upheld the conviction of shipowner Georg Eide in relation to the attempted export and scrapping of the LASH vessel Eide Carrier.

NGO Shipbreaking Platform informs about an incident where a worker lost his life while scrapping BW Offshore’s Floating Production Storage and Offloading (FPSO) unit Cidade de Sao Vicente. 

Vessel scrapping activity this year is likely to mirror the continuing rise in scrap prices, but a lot will depend on movements in the freight markets,

The Icelandic district prosecutor has been allowed to raid the offices of shipping company Eimskip, in order to search into possible legal irregularities regarding the sale of two scrapped ships to India.