Ship recycling set to soar
Niels Rasmussen, chief shipping analyst at BIMCO, has been giving his attention to an expected spike in ship recycling numbers over the next 10 years, partly due to the shipping industry facing
Niels Rasmussen, chief shipping analyst at BIMCO, has been giving his attention to an expected spike in ship recycling numbers over the next 10 years, partly due to the shipping industry facing
Crowley Maritime Corporation has become the first U.S.-owned ship owner-operator that will publicly disclose its ship recycling policies, practices and process through the Ship Recycling Transparency Initiative (SRTI) website. It is the
Days after video surfaced showing the Carnival Fantasy being beached at a scrapping facility in Turkey, Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK) released details of its ship recycling plans. It said
JULY 12, 2017 — Isiksan Ship Recycling and Trading Co. Ltd., Izmir, Turkey, has become the first Turkish ship recycling yard to be certified as having facilities in line with the requirements
MAY 2, 2017 – The Brownsville, Texas, ship recycling and scrap processing facility formerly known as ESCO Marine is reopening under new ownership. Hilco Redevelopment Partners, a unit of Hilco Global (Hilco),
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
JULY 8, 2016 — Shipowners are reacting strongly to a proposal that the European Uniob set up a ship recycling fund, with shipowners being compelled to pay for it with what is
MAY 13, 2016 — Two Maersk Line vessels, the Maersk Wyoming and the Maersk Georgia are scheduled to arrive for recycling at the Shree Ram yard in Alang, India, later this month.
JUNE 5, 2015 — U.S. Senators David Vitter (R-LA) and Bill Cassidy (R-LA) yesterday introduced the Ships to Be Recycled in the States (STORIS) Act. Congressman Garret Graves (R-A) is introducing companion
JANUARY 29, 2014 — The U.S. Maritime Administration today announced that America’s six state maritime academies – California Maritime Academy, Great Lakes Maritime Academy, Maine Maritime Academy, Massachusetts Maritime Academy, SUNY Maritime