Tag: ship- recycling

According to GMS’ latest weekly ship-recycling report, recycling destinations suffered worrying reversals in vessel prices as of late. 

GMS released a briefing on practical strategies, recent training outcomes, and insights about safer operations in ship recycling yards.

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

Oman's Ministry of Transport, Communications, and Information Technology (MTCIT) has announced plans to establish ship recycling and dismantling facilities using advanced green technologies.

The Odisha Government is planning to invest ₹4,000-crore in a ship recycling hub aiming to create a centre for shipbuilding and repair.

According to GMS’ latest weekly ship-recycling report, the week saw a series of significant sanctions from President Biden targeting China's COSCO and Russia, alongside growing economic volatility impacting global ship recycling markets.

According to GMS’ latest weekly ship-recycling report, as forecasted, 2025 seems to have started on an optimistic note in the ship recycling markets.

According to GMS’ latest weekly ship-recycling report, ship recycling markets are anticipating an uptick in activity during 2025.

The maritime industry in 2024 showcased a sector striving to balance innovation with pressing safety and sustainability challenges. As we count down to the new year, let’s take a moment to reflect on some key moments from 2024!

According to GMS’ latest weekly ship-recycling report, on the back of news surrounding impending sanctions against Russia and Iran, coupled with OPEC’s decision to curtail oil production last week, the markets saw a tightening of oil supplies amidst rising fuel demand.