Monday, April 15, 2013

To Retrofit or to Scrap…? That is the Question

“How long can smaller, less well-known owners, especially ones with only one ship, continue to run their grand and less than grand old ladies?”

April 15, 2013
Total Views: 43

Tuesday, October 30, 2012
Engineering News

Seventh Shipbreaker Dies From Injuries Sustained in Alang Explosion

A seventh shipbreaker has died as the result of an explosion on board a beached tanker at an Alang shipbreaking yard earlier this month. gCaptain reported on

October 30, 2012
Total Views: 3

Tuesday, October 23, 2012
braemar seascope

Tanker Owners Bite the Bullet and Demolish 15 Year Old Ships

(Bloomberg) — Owners of oil tankers must scrap younger vessels for the market to recover by 2014 or 2015, according to shipbroker Braemar Seascope Ltd.

October 23, 2012
Total Views: 1

Monday, October 15, 2012

Out of Sight, Out of Mind…EU May Break Toxic Ship Treaty

Just days after an explosion killed 6 shipbreakers in Alang India, the European Commission is considering a proposal to legalize the export of toxic,

October 15, 2012
Total Views: 8

Monday, October 8, 2012
Engineering News

6 Killed in Explosion at Alang Shipbreaking Yard

An explosion on board a beached tanker in Alang, India has killed 6 workers and injured one other. The fire broke out at approximately 12.45 pm on Saturday on

October 8, 2012
Total Views: 11

Friday, September 28, 2012
shipbreaking scrapping chittagong

5% of Global Bulk Shipping Fleet Doomed to Scrapyards this Year, Capesizes Lead the Way

(Dow Jones) Shipping companies are demolishing their vessels at an unprecedented rate this year, hoping to eliminate some capacity to cushion the impact of a

September 28, 2012
Total Views: 56

Monday, August 6, 2012

American Ships Barred From Indian Scrap Yards – Exxon Valdez Given Sole Exemption

Faced with a petition from ToxicsWatch Alliance, an environmental organization in India, the Supreme Court ruled last week that end-of-life ships containing

August 6, 2012
Total Views: 19

Monday, July 30, 2012
exxon valdez

It’s Really Gonna Happen This Time, the Exxon Valdez is Doomed

(Bloomberg) — India’s Supreme Court ruled that the ship that spilt millions of gallons of oil in waters off Alaska in 1989 can be recycled in the

July 30, 2012
Total Views: 3

Wednesday, July 18, 2012

Exxon Valdez Still Fighting on Death Row

The M/V Oriental Nicety, aka the Exxon Valdez, is due to appear in front of India’s Supreme Court on Thursday to determine whether or not the vessel is

July 18, 2012
Total Views: 12

Tuesday, July 17, 2012
bet fighter seanergy

Destined for Immediate Demolition, Seanergy Sells Capesize Bulker

In a move to reduce debt, and to the overall benefit of the struggling dry bulk industry, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today that

July 17, 2012
Total Views: 4

Thursday, July 12, 2012
shutterstock shipbreaking scrap

Shipowners Are Beaching Ships in Asia at a Blazing Pace

(Bloomberg) — Scrap prices for dry-bulk ships have plunged 13 percent in the past year as oversupply and unprofitable charter rates prompt owners to

July 12, 2012
Total Views: 20

Thursday, June 14, 2012
bet scouter

Cash-Strapped, Seanergy Maritime Sells Bulk Carrier to the Scrap Yards

Greek shipowner Seanergy Maritime Holdings (NASDAQ:SHIP) announced the sale of their 1995-built, 172,173 DWT Capesize bulk carrier, BET Scouter, now destined

June 14, 2012
Total Views: 2

Wednesday, June 13, 2012

Scrapped – MOL Cuts 20 Capesize Bulkers

TOKYO – Mitsui O.S.K. Lines, Ltd. announced their plans today for the scrapping or cold lay-up of 10 to 20 Capesize bulkers in consideration of this

June 13, 2012
Total Views: 5

Tuesday, May 8, 2012

The IMO and Ship Recycling [VIDEO]

On the heels of yesterdays post about the ship breaking operations at the Gadani Ship Breaking yard in Pakistan, this video, produced by the International

May 8, 2012
Total Views: 5

Monday, May 7, 2012

Ship Breaking Operations in Gadani, Pakistan [VIDEO]

Here’s a video of the ship breaking operations at the Gadani Ship Breaking Yard in Pakistan.  At one point, the yard was the largest ship-breaking

May 7, 2012
Total Views: 45

Wednesday, May 2, 2012
shipbreaking chittagong Naquib Hossain

Baltic Dry Index Could Be Supported with Scrapping of 50 Million Deadweight Tons

SINGAPORE (Dow Jones)–The Baltic Dry Index, the bellwether gauge of rates for ship dry commodities including grains, iron ore and coal, will likely find

May 2, 2012
Total Views: 0

Wednesday, April 18, 2012

Ship Scrapping Duo Plead Guilty to Environmental Crimes in Virginia

A Virginia ship scrapping company and two of its owners have plead guilty to various environmental crimes stemming from their activities in the ship scrapping

April 18, 2012
Total Views: 21

Monday, March 19, 2012

Ship Breaking In Bangladesh – The Graveyard of Giants

The Graveyard of Giants By Jan Møller Hansen – Click HERE for the full photo slideshow. [dropcap]S[/dropcap] hip breaking in

March 19, 2012
Total Views: 118

Wednesday, March 14, 2012
the love boat

The Love Boat Sold For Scrap

Fans of bad TV from the 70’s and 80’s are shedding a tear today on news that one of the world’s most famous ships, the M/V Pacific, has been

March 14, 2012
Total Views: 88

Tuesday, February 28, 2012

The Graveyard of Giants: A history of ship breaking in Bangladesh

By Jan Møller Hansen Ship breaking in Bangladesh started back in 1960 when the Bay of Bengal was struck by a cyclone, which left a giant cargo ship beached

February 28, 2012
Total Views: 197