Tag: ship- recycling

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Demand for the steel content in ships remains strong As the Baltic Dry Index plumbs all-time depths, those with long memories are recalling the dark days of the 1980s for the shipping markets. However, steel traders can look forward to a bumper year of supply of vessels for recycling this year, if previous experience offers a guide for the 2012 outlook. Bets are now being taken about how many vessels will be forced by the weak freight markets into the arms of recyclers. Globally, ship scrapping capacity has very big limits being a simple business of driving ships onto beaches and cutting them up with oxyacetylene torches.Theoretically, great numbers of ships could be sold for scrap and held as inventory by the scrap dealers, to be pushed up the beach as and when required. Scrap prices for ships of around USD $500 per light displacement tonne (LDT) remain, suggesting that demand for the steel content in ships remains strong. Meanwhile, ship recycling capacity could grow further in coming years. The China State Shipbuilding Corporation President said recently that half of China's shipyards could go bust in the next two to three years. Many of these yards could switch to recycling ...

Hazardous and dangerous conditions of work The Revival of ship breaking industry has generated hundreds of thousands direct and indirect jobs for some of the poorest and marginalized segments of population in South Asia.At the same time, it has generated a worldwide debate on the plight of workers, who work in hazardous and dangerous environment, for too little.These are the hands that earn million for the industry but cannot buy two square meals for their children.

Recyclingcould be the most significant factor in restoring shipping to a measure of equilibrium Recycling, it has been suggested rather hopefully perhaps, could be the most significant factor in restoring shipping to a measure of equilibrium.Overcapacity in the three main shipping sectors is not a hopeful scenario for the New Year, although the economic situation could always change for better or worse, such is the state of world trade in 2012 when even central bankers confess their uncertainty."I firmly believe that shipping will prevail and find calmer waters, as has always been the case, but when?" - writes BIMCO President Yudhishthir Khatau in his forward to the new BIMCO Reflections for 2012. There is a great deal of food for thought in this important BIMCO annual report.History informs us that eventually, the wheel always turns on this cyclical, capital intensive industry. Certainly recycling could well be influential in helping reduce the overcapacity and in this particular era it could be even more influential than it has been in the past. With the operational economics of most sectors changing quite fast, it is likely that in a generally unpromising market, scrapping rather than idling could well prove to be a more ...

Ship breaking biz booms in Guj due to slump in global trade Ship breaking at Alang in Gujarat has once again become booming business thanks to the slump in global trade, where owners would prefer scrapping their ships than seeing them sit idle. Now, if only they could take better care of their migrant labour.The view from the top of a ship at Alang, in Gujarat, is surreal-ten kilometres of beach on which hapless ships, in various states of dismemberment, lie listlessly in one of the 140 'yards'-a shadow of their former seagoing selves. Many are lined up in the waters off the beach like lambs to the slaughter. Nearby, a cross-section of seven floors is what remains of a 23-year old 10 MT Japanese vessel that was once a car carrier, two months after it docked at Alang. Around 200 workers have been hired to help scrap the vessel. While some are working in the yard cutting the steel sheets, taking out the nuts and bolts of the ship machinery, others are dismantling the ship from inside.Alang, once a desolate dot on the Gujarat coastline, is arguably the world's most famous graveyard for ships, a repository for much of ...

The American P&I club surveys ship recycling - Progress In Leaps and Bounds The American P&I Club has published Currents- December issue including an article regarding Ship Recycling in the Indian Subcontinent and Beyond (Written by Shashank Agrawal, legal advisor of wirana shipping Corporation / page 14)According to the author, it is anticipated that in excess of 25 million dwt for scrapping will have wound up on the beaches of India, Bangladesh and Pakistan by the end of this year.Shashank Agrawal, legal advisor at Wirana Shipping Corporation in Singapore, describes recycling progress as being in leaps and bounds as the worldwide shipping industry struggles against some of the toughest times it has ever seen. Established in 1983, Wirana is the oldest cash buyer in ship recycling, and since then it has negotiated more than 1,700 vessels and delivered a total deadweight in excess of 48 million. The list continues to grow every day.Wirana purchases vessels on the basis of 100% cash. It then sells the vessel to a recycler in any one of the ship recycling countries. For vessels purchased "as is", the cash buyer takes over the ship at the delivery port and then boards its own crew to ...

At Chittagong port, hundreds of old ships are waiting to be beached and dismantled

Ship breaking is one of the most hazardous jobs in the world Ship breaking is one of the most hazardous jobs in the world because most ships are used to carry radioactive materials, toxic wastes, extremely poisonous chemicals and oil. Not only does it directly affect the health of the workers, it is an environmental time bomb - as workers strip the ships marooned on the sea shore, there is severe contamination of the sea bed, eventually seeping into the marine food chain.

There are now 125 yards- hoping that they would be able to recycle about 3.0 million tonnes of scrap Ship-breaking and recycling has almost doubled in the country this year (2011) compared to last year despite legal barriers the industry faced for nearly two years.Ship-breakers expressed hope that they would be able to recycle about 3.0 million tonnes of scrap next year as the government will formulate the ship-breaking and recycling rules by December 14.The ship-breaking sector had been facing hurdles over import of old vessels since 2009 due to legal issues which caused reduction in the import of the same.The country's 125 ship breaking yards had imported 145 ships weighing 1.7 million tonnes of iron plates in 2011.The imports dropped significantly in 2010, disrupted by judicial activism, as environmental groups took the issue to court for dumping hazardous materials in the coast and exposing workers to toxic substances. The ship-breakers imported only 75 ships, the lowest in last five years, weighing 1.0 million tonnes of iron plates last year."In 2010 there was frequent stoppage and opening of import of old ships resulting in a significant fall in the number of scrap ships," Managing Director of Rising Group - one ...