Scrap
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Marine World
Top Recycler GMS Gets U.S. Approval to Scrap Ships Hit With Sanctions
LONDON, May 27 (Reuters) – Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially paving…
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Maritime News
GMS Gets US Approval to Scrap Ships Hit with Sanctions
Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially paving the…
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Maritime News
Report: US Treasury Allows Demolition Sale for Four Sanctioned Ships
The U.S. Treasury has authorized a demolition sale for four sanctioned vessels linked to the Shamkhani shipping network, a large-scale…
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Port News
Trump administration pays $900m to scrap two more offshore wind projects
The Trump administration has struck two more deals with energy companies to quit their US offshore wind projects, reimbursing Bluepoint…
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Port News
Sanctioned LR1 tanker heads for scrap at Alang
A 2004-built, Jamaica-flagged LR1 tanker tied to high-risk trading patterns has been reported sold for recycling, according to market sources. …
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Maritime News
NGO Shipbreaking Platform Reports on 2025 and Calls for More Regulation
The NGO Shipbreaking Platform compiled a report on the ships sold for dismantling in 2025 while calling for continued efforts…
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Maritime News
Containership Demolition Hits 20-Year Low as Orderbook Continues to Grow
The disposal of container ships during 2025 remained at record low levels as the industry sought to maintain capacity in…
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Maritime News
Report: Combustible Scrap Caused Fire on Bulk Carrier
The UK Marine Accident Investigation Branch (MAIB) has published its preliminary assessment of a cargo fire on the bulk carrier…
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