shipbreaking

By Nidhi Verma NEW DELHI, Feb 1 (Reuters) – India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing

BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound

Japan-based shipping group Nippon Yusen Kabushiki Kaisha (NYK) and compatriot Oono Development have signed a memorandum of understanding (MoU) to jointly

Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to a combination of market shocks, strong demand, and

Norway’s $1.3 trillion wealth fund announced on Tuesday that it has lifted the exclusion of Thoresen Thai Agencies and ended its observation of Hyundai

In the annals of maritime history, few names evoke as much awe and fascination as the Knock Nevis. Known by many names throughout her storied life—Seawise

More than 14 years since the International Maritime Organization (IMO) adopted of the Hong Kong International Convention for the Safe and Environmentally Sound

One of the world’s top ship breaking nations is moving to clean up its act when it comes to dismantling end-of-life ships. In a significant move towards

The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the next decade, with more than 15,000

By Mike Wackett (The Loadstar) – A period of aggressive vessel scrapping will be required to address a looming “severe risk of overcapacity” in

The NGO Shipbreaking Platform is drawing attention to a recent spate of accidents at Bangladeshi shipbreaking yards owned by Kabir Steel Re-Rolling Mills

International Shipbreaking in Brownville, Texas has completed the first ship recyling project for an EU shipowner in compliance to the rigorious requirements

Singapore-based Marco Polo Marine is venturing into “green” ship recycling with the approval of Indonesian authorities. The company’s Batam

By Naimul Karim CHATTOGRAM, Bangladesh, Nov 2 (Thomson Reuters Foundation) – When Samrat Hossain first started cutting up old ships weighing thousands of

A string of accidents at Bangladesh’s infamous shipbreaking beach killed five workers in August, raising the annual death toll dramatically, NGO

A total of 275 ships were sold for scrap in the first half 2021 with the tanker sector leading the charge, according to a half-year demolition review by

By Mike Wackett (The Loadstar) – Despite a 30% spike in prices for scrap, just 1,300 teu of cellular tonnage was sold for demolition in the past 60

By Naimul Karim DHAKA, March 11 (Thomson Reuters Foundation) – A Bangladeshi woman whose husband died dismantling an oil tanker in a local shipyard was

By Alex Longley and Alaric Nightingale (Bloomberg) — Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s

By Naimul Karim DHAKA, Dec 8 (Thomson Reuters Foundation) – The coronavirus pandemic has slowed efforts to make safer the often hazardous job of