Tag: ship- recycling

Business Insider India looked at at how shipbreaking yards are dismantling decommissioned cruise ships sent due to the pandemic.

Germany has officially approved its first facility for dismantling and recycling large ships, operated by EWD Benli Recycling GmbH in Emden, East Frisia.

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, looks at the recycling of dry bulk ships which has dropped 24% at the start of the year as high levels of uncertainty could be delaying recycling decisions.

According to GMS' latest report, despite Trumpian-economics reversing course on nearly all executive trade actions within a few weeks of world economies collapsing, retaliatory tariffs on recent U.S. trade policies have led to a growing number of countries opposing this regime.

According to GMS' latest report, as Team Trump's fluctuating stance on tariffs dominated headlines this week, global markets reacted with volatility.

GMS highlights that recycling destinations are being deprived of tonnage once again causing demand and prices to stay steady.

BIMCO drafted a paper to submit to the BC COP-17, asking for clarity and for obstacles to be removed as the HKC enters into force shortly.

GMS reports a volatile week of tariffs, economic mishandling, and market swings, unsettling Indian sub-continent ship recycling destinations.

According to GMS' latest report, as Trump’s massive gamble on tariff wars kicked into high gear over ‘Liberation Day’ this week, global stock markets took unkindly to the tariffs and fell over 10

GMS has announced the training of over 10,000 yard workers across India, Bangladesh, and Pakistan.