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 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/
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/
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/
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/
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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 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/
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/
The United Arab Emirates (UAE) is introducing a comprehensive ship recycling regulation aimed at […]
The post UAE bans ship beaching in new recycling regulation appeared first on Offshore Energy.
https://www.offshore-energy.biz/uae-bans-ship-beaching-in-new-recycling-regulation/
Greener ship recycling options are emerging in South Asia. The European Union is close to adding more yards in Alang, India to its list of approved recycling facilities with discussions ongoing. Moreover, a newly-minted EU agreement on waste shipments is set to remove a legal roadblock to make it...
https://splash247.com/greener-ship-recycling-options-emerge/