Search Results for: scrapped vessels

NTSB issues report on towboat sinking

The National Transportation Safety Board has issued its report on the sinking of the 1968-built towing vessel Tom Bussler, owned by McGinnis Equipment Company, Inc. and operated by National Maintenance & Repair

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NGO slams shipping industry’s scrapping choices

FEBRUARY 2, 2017 — According to NGO Shipbreaking Platform, last year saw 862 ships (27.4 million gt) dismantled worldwide, with 668 of them (23.8 million gt) being beached. India scrapped the most

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Drewry: Chemical tanker oversupply to continue

FEBRUARY 1, 2017 — Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries from shipbuilders and swing tankers flooding the market. As a result, freight rates

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BWM regulations to increase tanker scrapping

NOVEMBER 16, 2016—The implementation of the IMO Ballast Water Management Convention in combination with weakness in freight rates will increase tanker shipping demolitions, according to Tanker Forecaster, a quarterly analysis published by