Tag: ship- recycling

Marshall Islands has become a Party to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (Hong Kong Convention).

In 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. 

On 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.

Korean Register has published a circular on the UAE Ship Recycling Regulation for Safe and Environmentally Sound Ship Recycling (UAE SRR).

In 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. 

On 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.

Lloyd’s Register (LR) has certified Nova Scotia recycling facility, R.J. MacIsaac Ltd. (RJMI), according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention).

On its latest weekly report, GMS highlights that the last week of the year delivered unto the international ship recycling community & industry overall, a ship load of mixed feelings.

The NGO Shipbreaking Platform published its report Ship Recycling in Turkey: Challenges and Future Direction, which provides a comprehensive analysis of the current challenges faced by the ship recycling sector in Aliağa. 

The United Arab Emirates (UAE)’s new Ship Recycling Regulation requires a dry dock or equivalent infrastructures for environmentally sound ship recycling.