Scrap prices slide

Shipowners have been told to hold off concluding any recycling deals as demo prices collapse in the sub-continent. Steel plate prices have been dropping while local currencies have been in “meltdown” against the US dollar, according to a new report from cash buyer GMS. Owners seeking offers on...

https://splash247.com/scrap-prices-slide/

EU Proposal On Waste Shipments Can ‘Level Playing Field’ For South Asian Recycling Yards: Sea Sentinels

Sustainable ship recycling consultancy Sea Sentinels believes proposed changes to the EU’s Waste Shipment Regulation will bring “legal clarity” on hazardous waste exports that will benefit South Asian shipbreaking yards seeking to gain compliance with EU recycling standards.

Ships that are sold for recycling at the end of their lifetime contain dangerous substances such as asbestos and mercury as well as toxic chemicals like oil, fuel and ballast water that constitute a risk both to human health...

https://www.marineinsight.com/shipping-news/eu-proposal-on-waste-shipments-can-level-playing-field-for-south-asian-recycling-yards-sea-sentinels/

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