Bigger Ships on the Horizon for Fujairah
CEO of Fujairah Terminals updates on the progress with expansion plans at the port.
→Turkish Recyclers Fearful and Confused after Lira Collapse
Turkish demolition market has been taken aback by the last week's fall of Turkish lira against the U.S. dollar.
read more →Diana Containerships Sells Panamax for Scrap
Diana Containerships has reached a deal to sell its 2006-built vessel New Jersey for demolition.
read more →Clarksons: Demolition Volumes to Remain at Elevated Levels
With a range of factors at play, recycling volumes are likely to remain at elevated levels in the medium term.
read more →Clarksons: Recycling Market in Limbo
The ship demolition market is plagued by a high level of uncertainty leaving the market analysts in limbo when it ...
read more →NGO: ACES Again on Fire at Gadani
Gadani’s shipbreaking plot no. 54 was sealed off on November 8 after a fire broke out on-board the ship ACES ...
read more →Maersk Pembroke Sold for Green Recycling in Turkey
The Sub Panamax containership Maersk Pembroke has been sold for green recycling to a yard in Turkey, data from ...
read more →COSCO Shipping International Scraps Six Bulkers
COSCO Shipping International (Singapore) sent six bulk carriers to the scrapyard in the first nine months of this ...
read more →Diana Sends Bulker Grounded in July to Scrap
Greek shipping company Diana Shipping has decided to scrap its 2004-built vessel Melite which sustained damage to ...
read more →Increased Crude Oil Tanker Demolition a Positive Sign
A total of 1.3 million dwt of crude oil tanker capacity was sent to the scrapyards during the first four months of ...
read more →Majority of Ships Still Scrapped in South Asia
A total of 128 end-of-life ships were sold for scrap to the South Asian beaches during the first quarter of 2017, ...
read more →Conbulk Sells Two Boxships for Scrap
Greek shipping company Conbulk Shipping SA has decided to dispose of its two Handysize containerships, sending them ...
read more →Ship Recycling Markets End 2016 on Stable Note
The international ship recycling markets have witnessed another roller coaster week and year, however, the industry ...
read more →BIMCO: Fleet Growth Squeezes Crude Oil Tanker Market
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, ...
read more →Bulkers Account for Lion's Share of Scrapped Tonnage in 2016
Strong demolition has been a prominent feature of the shipping industry this year, as challenging market conditions ...
read more →Boxship Demolition Reaches All Time High
The containership demolition has reached its all time high as it surpassed 500,000 TEU, providing a positive ...
read more →BIMCO: Demolition Activity Rising Again
Global demolition activity increased by 16% in the first nine months of 2016 in comparison to the same period of ...
read more →Interview: More Boxships Set to Join Scrap Markets in 4Q
As the shipping industry saw an abundance of vessels leading to overcapacity in the shipping industry, accompanied ...
read more →Precious Shipping Sells Another Ship for Scrap
Bangkok-headquartered dry cargo ship owner Precious Shipping has disposed of another Handysize bulk carrier, MV ...
read more →South Asian Demolition Bounces Back with Rise in Prices
South Asian ship recycling market has experienced increased activity on the sales front last week, which was ...
read more →Demolition of Panamax Containerships Spikes
Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of ...
read more →BIMCO: Demolition Spree Hits Standstill Due to Rise in BDI
Following a scrapping spree witnessed in the first quarter of the year, the Baltic Dry Index’s (BDI) positive ...
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