scrapping
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Maritime News
Russian Owner of Notorious Tanker Challenge US Sale as It Reaches Scrappers
The crude oil tanker Bella 1 (aka Marinera) reportedly arrived at Chattogram, Bangladesh, on November 4, under the name Era,…
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Marine World
CMA CGM Ship Hit By Missile In Hormuz Strait May Go For Scrapping
PARIS, July 3 (Reuters) – A CMA CGM container ship struck by a missile in the Strait of Hormuz in early May is so…
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Maritime News
Tanker Awaiting Scrapping Stuck in Limbo by US Sanctions
The Bangladeshi scrappers community and the cash buyers are dealing with what they termed a “highly unusual incident” after one…
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Maritime News
EU Plans for Ship Scrapping Reignite Debate Over India’s HKC Standards
A declaration by the European Union of plans to cooperate with India in ship recycling has ignited controversy over the…
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Maritime News
Cash Buyer Wants to Purchase Seized Shadow Fleet Tankers for Scrapping
GMS, the world’s largest cash buyer, has confirmed to Reuters that it is in talks with U.S. authorities to purchase…
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Marine World
Container Shipping’s Recycling Backlog Reaches 1.8 Million TEU as Industry Faces Fleet Age Crisis
A recycling overhang of at least 500 container ships totaling 1.8 million TEU has accumulated in the global fleet, according…
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Port News
LNG scrapping sets annual record
LNG carrier demolition sales have already reached an annual record with nearly 30% of the year still to go. Data…
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Port News
Neutralising the boxship orderbook would require scrapping every pre-2010 vessel
The tremendous, record volume of container newbuildings due to enter the market in the coming years will require a huge…
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Port News
2025 becomes record year for LNG carrier scrapping
The LNG carrier demolition market has shifted into high gear in 2025, with a record number of vessels sold for…
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Maritime News
Barstad: "Shadow Fleet" Sanctions Need Exception for Scrapping
The "shadow fleet" of tankers serving Russia, Iran and Venezuela are on average much older than the "compliant" tanker…
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