Shipbreaking
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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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Port News
Nearly 60 LNG carriers stand idle
The depressed liquefied natural gas (LNG) carrier sector sees nearly 60 vessels, according to data from Clarksons Research. In a…
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Port News
Germany opens up for ship recycling
Germany has approved its first facility dedicated to the dismantling and recycling of large ships. This facility, operated by EWD…
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Marine World
India To Set Up $3-Bln Maritime Development Fund For Shipping Industry
By Nidhi Verma NEW DELHI, Feb 1 (Reuters) – India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term…
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Maritime News
Bangladesh Could Lose Top Position in the Global Shipbreaking Market
With global ship demolition at record low levels, Bangladesh’s shipbreaking industry has reported that 2024 saw a massive drop…
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Marine World
As Hong Kong Convention Looms, BIMCO Unites Industry for Safer Ship Recycling
BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally…
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Marine World
NYK to Launch Eco-Friendly Ship Recycling in Japan
Japan-based shipping group Nippon Yusen Kabushiki Kaisha (NYK) and compatriot Oono Development have signed a memorandum of understanding (MoU) to…
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Port News
NYK leads Japan’s return to ship recycling
Japanese shipping line Nippon Yusen Kaisha (NYK) has moved to bring back ship recycling to the island country in East…
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Maritime News
Damen Launches Pilot Project for Green Shipbreaking Under EU Rules
Damen Shipyards Group, best known as a designer and builder of ships, is launching a pilot project exploring the…
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