Ship Demolitions

Release on the Joint Statement of the ASA SRC 25th Interim Meeting 2022 held 21 – 28 March 2022

The 25th Interim Meeting of the ASA Ship Recycling Committee, presided over by Mr. Ron Huang, Chairman of the ASA SRC, was held via e-mail from 21 to 28 March 2022. The SRC members are firmly committed to ensuring full compliance with all applicable competition laws throughout the entire programme.

Ship Recycling Trend

Since there has been an increasing global demand for shipping, the result of ship recycling volume in 2021 did not grow as expected and was 24.3 million DWT, and the year 2022 is...

https://allaboutshipping.co.uk/2022/04/12/release-on-the-joint-statement-of-the-asa-src-25th-interim-meeting-2022-held-21-28-march-2022/

The BDI@2,076, Dirties up at 1,147 whilst Ukrainian chaos begins to shake Planet Ocean …and with Covid still around…

The BDI@2,076, Dirties up at 1,147 whilst Ukrainian chaos begins to shake Planet Ocean …and with Covid still around…

John Faraclas – picture by ecopack77

The BDI (Baltic Dry Index) was down 111 points since yesterday and now stands at 2076. On a weekly though basis the BDI was up 112 points from 1,964p. Dirties advance; a good sign or a tempo rise… The despicable situation in Ukraine continues and the West must not just impose the toughest of sanctions but go even beyond before it’s too late....

https://allaboutshipping.co.uk/2022/02/25/the-bdi2076-dirties-up-at-1147-whilst-ukrainian-chaos-begins-to-shake-planet-ocean-and-with-covid-still-around/

Ship recycling workers’ protest  shakes Aliağa

Ship recycling workers’ protest  shakes Aliağa

In the last six days, almost the totality of the ship recycling workforce at İzmir Aliağa district, Turkey, has been striking for better employment conditions. Around 1500 workers are claiming that they do not earn enough money, with their recent pay raise remaining below the galloping inflation rate. The action was initiated spontaneously by employees of several ship recycling facilities operating in Aliağa, including some of those recently...

https://allaboutshipping.co.uk/2022/02/16/ship-recycling-workers-protest  shakes-aliaga/

Platform publishes South Asia Quarterly Update #28

Platform publishes South Asia Quarterly Update #28

In 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, including our activities, we aim to inform the public about the negative impacts of substandard shipbreaking practices as well as positive steps aimed at the realisation of environmental justice...

https://allaboutshipping.co.uk/2022/01/25/platform-publishes-south-asia-quarterly-update-28/

Demolition Full Year Review

Demolition Full Year Review

Using VesselsValue data, Joey Daly, Cargo Analyst, has analysed the changes and trends across the Shipping markets in 2021, which resulted in a diverse demolition market. This article looks at the varied scrapping numbers for all Cargo types, rising scrap steel prices, and their respective buyers in the Indian Subcontinent.

“Tankers dominated the demolition market in 2021 with 301 vessels sold for scrap, accounting for 59% of all cargo vessels demolished. The...

https://allaboutshipping.co.uk/2022/01/25/demolition-full-year-review/

2022 market outlook from leading shipbroker Simpson Spence Young

2022 market outlook from leading shipbroker Simpson Spence Young 

After a volatile 2021, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2022 Outlook Report. This comprehensive analysis looks at various drivers of shipping markets, including how developing emissions regulations may affect the state of play. 

Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas...

https://allaboutshipping.co.uk/2022/01/21/2022-market-outlook-from-leading-shipbroker-simpson-spence-young/

NOVA MET, a specialist in aluminium collection and recycling, opens for business in Le Havre

NOVA MET, a specialist in aluminium collection and recycling, opens for business in Le Havre

Left to right: Alexandra Ruiz (Le Havre Seine Development), Gangfeng Cai and Alexis Noyer (NOVA MET), Emmanuel Ludot (HAROPA PORT | Le Havre, Director, Port Industrial Zone Transformation)

NOVA MET, the fruit of an alliance between two actors in the metals recycling industry, is now setting up its secondary aluminium production site in the Le Havre port area.

NOVA MET is a specialist in the collection and...

https://allaboutshipping.co.uk/2022/01/19/nova-met-a-specialist-in-aluminium-collection-and-recycling-opens-for-business-in-le-havre/

NGOs join local residents and First Nations in fight against toxic shipbreaking in British Columbia

NGOs join local residents and First Nations in fight against toxic shipbreaking in British Columbia

An aerial view of the shipbreaking site at Union Bay – © Concerned Citizens of Baynes Sound / Comox Valley Record

Eighteen months have passed since local residents and K’ómoks First Nation (KFN) first raised concerns regarding scrapping operations at Union Bay, traditional unceded territory of First Nations within Baynes Sound, British Columbia, Canada. Now, the NGO Shipbreaking Platform joins them...

https://allaboutshipping.co.uk/2022/01/13/ngos-join-local-residents-and-first-nations-in-fight-against-toxic-shipbreaking-in-british-columbia/

Demolition Report, June – Oct 2021

Demolition Report, June – October 2021

Using VesselsValue data, Joey Daly, Cargo Analyst, has analysed the trends and changes across the Demolition market in the latter half of 2021. This article looks at the fluctuating scrapping numbers for both Bulkers and Containers, which benefitted from a booming charter and S&P market, despite the rising scrap steel prices. 

“Since the end of H1, there have been 163 Cargo vessels sold for demolition, a 4.5% increase on the same period in 2020 when 145...

https://allaboutshipping.co.uk/2021/11/12/demolition-report-june-oct-2021/

Platform publishes South Asia Quarterly Update #27

Platform publishes South Asia Quarterly Update #27

In 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, including our activities, we aim to inform the public about the negative impacts of substandard shipbreaking practices as well as positive steps aimed at the realisation of environmental justice...

https://allaboutshipping.co.uk/2021/10/18/platform-publishes-south-asia-quarterly-update-27/

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