Tag: Ship recycling

March 14, 2024

Alack of large vessels, available for demolition, has remained the norm over the past week. In its latest weekly report, shipbroker Best Oasis (www.best-oasis.com), said that “the ship recycling markets across India, Bangladesh, Pakistan, and Turkey showcased varied dynamics. India’s […]

March 6, 2024

The ship recycling market is still in bearish mode, despite the fact that cash buyers are looking for more demo candidates. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships, said that “the ship […]

December 5, 2023

A potential increase in EU-approved ship recycling capacity in India’s Alang region, could be a significant shift in the market next year. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the ‘possible positive’ report circulating this week […]

August 1, 2023

Amismatch is evident in the ship recycling market, as yards are not willing to match the prices on offer. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “certain vessels achieve a certain price sometimes in this market […]

December 28, 2022

The ship recycling market has been under pressure for quite some time, marking 2022 as a rather turbulent year. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “, there is some renewed hope that the financial restrictions […]

December 21, 2022

The ship recycling has remained under pressure, despite a few positive signs here and there. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there feels like some renewed vigour in the market this week on the back […]

November 16, 2022

After a series of weeks with minimal to none activity, tonnage availability has finally began to filter through to the ship recycling market. However, not many scrapyards are willing takers. In its latest weekly report, shipbroker Clarkson Platou Hellas commented […]

April 13, 2022

The ship recycling market has seen quite a lot of activity of late. However, it’s bound to quiet down, as a result of the Ramadan period. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we entered […]

March 8, 2022

The ship recycling market has livened up over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “whilst levels in Bangladesh and Pakistan remain firm, but steady to an extent, prices from […]

December 24, 2019

Specifically, the President of India Ram Nath Kovind approved the country’s Recycling of Ships Bill, 2019 making it an Act. The move comes on the back of the country’s accession to the Hong Kong International Convention for Safe and Environmentally […]

September 24, 2018

As explained, the shipping industry wants low-cost ship demolition yards outside the EU to be added to the EU list of approved facilities in order to meet demand from vessels bound by the bloc’s ship recycling law, which enters force […]