Ship salvaging network GMS says global fleet owners are finding repair and repurposing markets for their older vessels. GMS says owners of older container vessels are finding “second-hand buyers of ...

June 26 marks the start of new requirements for recycling ships, under the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships. Developed under the auspices of ...

“Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the ...

As ship recycling becomes more integrated with renewable energy, we can expect to see significant growth in the market for recycled materials. The global metal recycling market size was estimated at ...

Ship recycling prices across key recycling destinations have remained broadly stable despite weaker conditions in steel markets, cautious buying and pressure on steel prices, Wirana Shipping’s latest ...

Ocean Network Express (ONE) announced that, as part of its green strategy, it is implementing a ship recycling policy and joining the Ship Recycling Transparency Initiative (SRTI). The shipowner said ...

Ships being dismantled for scrap metal at the Aliaga ship recycling port on Nov. 22, 2023, in Izmir, Turkey. (Berkcan Zengin / Middle East Images via AFP) CHITTAGONG, Bangladesh (AFP) — Mizan Hossain ...

LONDON, June 26 (Reuters) - An international accord on recycling ships is set to begin within 24 months after Bangladesh and Liberia became the latest countries to ratify the accord, officials said on ...

According to sector watchers, ship recycling and dismantling is getting increasingly concentrated in South Asia, with ...