Germany has approved its first facility dedicated to the dismantling and recycling of large ships. This facility, operated by EWD Benli Recycling, is located in Emden on the site of the parent company Emder Werft und Dock (EWD). The company has secured the necessary governmental permits that...
Shipbreaking
Bangladesh ill prepared for next month’s ship recycling changes
There’s just over three weeks to go until the enacting of one of this year’s most significant shipping regulations, and one key country is ill-prepared for the imminent changes coming to the ship recycling sector. June 1 sees the Hong Kong International Convention for the Safe and Environmentally...
https://splash247.com/bangladesh-ill-prepared-for-next-months-ship-recycling-changes/
India To Set Up $3-Bln Maritime Development Fund For Shipping Industry
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 of the country’s shipbuilding and repair industry, Finance Minister…
https://gcaptain.com/india-to-set-up-3-bln-maritime-development-fund-for-shipping-industry/
BIMCO launches Ship Recycling Alliance
BIMCO has launched a Ship Recycling Alliance ahead of next June’s implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), picking a ship demo veteran to chair the new body. “Part of the ship recycling industry is already trying to...
https://splash247.com/bimco-launches-ship-recycling-alliance/
As Hong Kong Convention Looms, BIMCO Unites Industry for Safer Ship Recycling
BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound practices in the maritime sector. The initiative comes in…
https://gcaptain.com/as-hong-kong-convention-looms-bimco-unites-industry-for-safer-ship-recycling/
NYK to Launch Eco-Friendly Ship Recycling in Japan
Japan-based shipping group Nippon Yusen Kabushiki Kaisha (NYK) and compatriot Oono Development have signed a memorandum of understanding (MoU) to jointly explore the commercialization of responsible ship recycling in Japan….
https://gcaptain.com/nyk-to-launch-eco-friendly-ship-recycling-in-japan/
NYK leads Japan’s return to ship recycling
Japanese shipping line Nippon Yusen Kaisha (NYK) has moved to bring back ship recycling to the island country in East Asia. The company has signed a memorandum of understanding with compatriot Oono Development to commercialise a business that would enable ships and large offshore structures to be...
https://splash247.com/nyk-leads-japans-return-to-ship-recycling/
Ships dismantled worldwide in 2023
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According to new data released by the NGO Shipbreaking Platform, 446 ocean-going commercial ships and offshore units were scrapped in 2023. The vast majority, 325 ships in total, were … |
https://maritime-professionals.com/ships-dismantled-worldwide-in-2023/
Ship Recycling Plunges to Lowest Level in Decades
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 low orderbooks,…
https://gcaptain.com/ship-recycling-plunges-to-lowest-level-in-decades/
Shadow fleet faces tricky path to the breaker’s torch
With the numbers of the so-called shadow tanker fleet peaking 10 months ago, there’s now evidence that many of the oldest vessels are being primed for scrap, though getting a good demo price for these sanctions-busting ships is proving hard. The 25-year-old Bradley aframax is now headed on its...
https://splash247.com/shadow-fleet-faces-tricky-path-to-the-breakers-torch/