NGO Shipbreaking Platform: 85% of global tonnage scrapped on three beaches in South Asia
According to new data released by the NGO Shipbreaking Platform, 446 ocean-going commercial ships and offshore units were scrapped in 2023.
Read moreAccording to new data released by the NGO Shipbreaking Platform, 446 ocean-going commercial ships and offshore units were scrapped in 2023.
Read moreOn its latest weekly ship-recycling report, GMS finds that geopolitical events and the unfolding conflict in the Middle East have kept global trading lanes busier and the freight markets unseasonably high, when many had been expecting the Dry Bulk & Container sectors to cool off as the industry approaches the traditionally quieter Chinese New Year holidays early next month.
Read moreIn this quarterly publication, the NGO Shipbreaking Platform informs about the shipbreaking industry in Bangladesh, India and Pakistan. Providing an overview of accidents that took place on the beaches of South Asia and recent on-the-ground developments NGO aims to inform the public about the negative impacts of substandard shipbreaking practices.
Read moreOn its latest weekly report, GMS highlights that with 2024 well underway and HKC sales having taken center stage of late, GMS's Sustainable Ship & Offshore Recycling Program (SSORP) continues to surpass all of the stipulations & requirements for the environmentally safe and responsible recycling of ships that are currently set by the Hong Kong Convention (HKC).
Read moreMarshall Islands has become a Party to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (Hong Kong Convention).
Read moreIn this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at product tanker recycling activity which dropped to its lowest level on record in 2023, partly due to strong earnings, second-hand values and a reduction in newbuilding deliveries.
Read moreOn its latest weekly report, GMS highlights that anxiety and uncertainty reign across the Ship-owning community at large, especially for those with units trading in, or simply passing through the shipping lanes that are currently besieged by Houthi Rebel attacks in the Red Sea.
Read moreKorean Register has published a circular on the UAE Ship Recycling Regulation for Safe and Environmentally Sound Ship Recycling (UAE SRR).
Read moreIn this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the delivery of new container ships which could – once again – see the size of the container fleet reach a new record level in 2024.
Read moreOn its latest weekly report, GMS highlights that after what has been an overall miserable 2023 in the ship-recycling industry and even worse 6- month tail end of, 2024 seems to be off with just a little more hope and a chance at recovery as positive signs seem to permeate through the markets.
Read more