Iridium Can Be the Backbone of Digital Ships

Iridium Communications

Iridium reveals more on the GMDSS terminal and plans in the maritime sector.

EU Needs to Speed Up Approvals of Asian Shipbreaking Yards

shipbreaking

The EU should faster approve Asian shipbreaking yards to allow the implementation of regulations.

read more →

ISRA Calls on China to Revise Ship Recycling Decision

shipbreaking

ISRA concerned over China's decision to stop recycling international ships.

read more →

Varun’s Gas Carriers Sold for Scrap

Varun gas carrier

The six LPG carriers owned by the insolvent Varun Shipping have been sold for demolition.

read more →

VLCC Scrapping Ramps Up as Pakistan Opens for Business

VLCC

Owners continue to commit their Very Large Crude Carriers (VLCC) for recycling.

read more →

VLCC Scrapping Insufficient to Ease Market Pressure

VLCC Anne

The rebalancing of the tanker market requires further affirmative action in reducing older tonnage.

read more →

Tanker Scrapping Highest Since 1982

Tanker

Tanker scrapping increased significantly in the first quarter of 2018.

read more →

VLCC Scrapping in Q1 Breaks Last Year’s Total

2018 is off to a great start when it comes to removing of outdated tanker tonnage from the oversupplied fleet.

read more →

Tanker Owners to Benefit from High Scrapping, Consolidation

High scrapping and market consolidation are expected to contribute to better returns for tanker owners.

read more →

Great Eastern Bets on VLCC Scrapping to Ease Tanker Woes

The only light at the end of the tunnel for large tankers seems to be scrapping.

read more →

GMS Denies Links to Seatrade’s Beached Quartet

GMS refutes allegations made by the NGO Shipbreaking Platform regarding the purchase of Seatrade's four reefers.

read more →

Frontline CEO: More Scrapping Needed to Lift Rates

Frontline CEO expects a pick-up in scrapping of older tankers to lift rates in the second half of 2018.

read more →

Hapag-Lloyd Sends Three Boxship Oldies to Scrap

German liner shipping company Hapag-Lloyd has sold three of its older containerships which were owned by United ...

read more →

Tankers to Return to Pakistani Yards from Next Month?

Pakistan’s Gadani yards could start receiving tankers, with more stringent requirements, from next ...

read more →

20-Year-Old Crude Carriers Are Here to Stay?

By 2020, some 100 very large crude carriers (VLCCs) will be over 20 years old, hinting that the time may be ripe ...

read more →

Maersk Scraps 7 Boxships at Asian Yards in 1Q

Danish container shipping giant Maersk Line sent a total of seven Panamax vessels to ship recycling yards during ...

read more →

Norway Arrests Ship Previously Sold to Gadani Scrapyard

The Norwegian environmental authorities arrested the 1989-built barge carrier Harrier, previously named Tide ...

read more →

A Hundred More Panamaxes Need to Be Scrapped

Despite a massive scrapping spree of classic Panamax containerships, the sector remains under pressure as up to one ...

read more →

Hammonia Grenada - Youngest Ever Boxship Sold for Scrap?

The 2010-built Hammonia Grenada has become the youngest containership sold for demolition, according to data ...

read more →

Youngest Ever Containership Sent to Scrapyard?

A landmark deal was undertaken today in the containership industry as the youngest ever containership was ...

read more →

Alphaliner: Panamax Exodus Set to Continue

Over 100 more classic Panamaxes would need to be scrapped in the coming months to re-balance supply and demand, and ...

read more →

Tanker Deliveries vs. Scrapping Potential

Given the orderbook, the tanker market is expected to experience ample supply growth in the coming years while the ...

read more →