Ship Recycling Market Ends Summer of Discontent

The ship recycling market hasn’t had the best of summers, when it comes to the level of activity noted.

China to Ban Recycling of International Ships

China plans to stop allowing the recycling of international ships at its yards as of the beginning of 2019.

Maersk Line Scraps 8 Panamaxes

Maersk Line has sent eight of its Panamax containerships to be recycled in shipbreaking yards in India and China.

Maersk Line Scraps 8 Panamaxes

Maersk Line has sent eight of its Panamax containerships to be recycled in shipbreaking yards in India and China.

CSC Slams Maersk for Dodging Shipbreaking Laws

After the Danish shipping giant Maersk Group said it would scrap more vessels in the coming years, the company’s plan to avoid European environmental law on ship recycling by flagging ships to non-EU flags was described as “undermining its credibility as

Ship recycling redefined

The Hong Kong Convention (HKC) for the Safe and Environmentally Recycling of Ships will have received a much needed endorsement with the recent reports that Maersk Line has elected to send some of their redundant ships to “compliant” shipyards in India. .

Dry bulk vessel recycling in Jan up 43% on year: Golden Destiny

The first month of 2016 saw 53 dry bulk vessels recycled, 20% more than in December 2015, while marking a 43% increase from January 2015, Greek sales-and-purchase shipbroker Golden Destiny said.