#2024shiprecycling - shippinginbox

shipping inbox
16/04/2024
Ship Recycling

Supporting Norwegian Ambassador to Bangladesh’s Progressive Approach to Sustainable Ship Recycling

Supporting Norwegian Ambassador to Bangladesh’s Progressive Approach to Sustainable Ship Recycling Recent concerns expressed by the NGO Shipbreaking Platform, Bellona, and other stakeholders within Norway’s recycling and waste industry require a critical evaluation to appreciate the comprehensive and proactive efforts of the Norwegian Embassy to Bangladesh. These efforts, often misunderstood, [...]

The Ship Recycling Slump Continues: With a Glimmer of Hope?

The Ship Recycling Slump Continues: With a Glimmer of Hope? The first quarter of 2024 is over, Ramadan is nearing its end, and Eid celebrations are approaching. According to GMS’s latest ship recycling report, this translates to another sluggish week for global ship sales and activity. The report paints a [...]

Ship Recycling: Best Oasis predicted that India’s market is on the rise

Ship Recycling: Best Oasis predicted that India’s market is on the rise World’s leading cash buyer for ships sending for recycling BEST OASIS in their weekly market report revealed that We’d like to extend our warmest Eid greetings to our readers. May this auspicious occasion bring you joy, peace, and [...]

shipping inbox
03/04/2024
Ship Recycling

The World of Ship Recycling: A Look at Industry Leaders: Challenges and the Future

The World of Ship Recycling: A Look at Industry Leaders: Challenges and the Future The ship recycling industry plays a vital role in the maritime sector. It involves dismantling old and unwanted ships to recover valuable materials like steel, copper, and aluminium. This not only reduces reliance on mined resources [...]

Ship Recycling Market Experiences Mixed Fortunes: Environmental Controversy Looms Large

Ship Recycling Market Experiences Mixed Fortunes: Environmental Controversy Looms Large The world of ship recycling is a complex one, and this week has been no different. A recent report by Best Oasis, a major player in the industry, paints a picture of a market with both positive and concerning developments. [...]

shipping inbox
27/03/2024
Ship Recycling

Ship Recycling Market Struggles Amidst Global Uncertainty

Ship Recycling Market Struggles Amidst Global Uncertainty There’s bad news for the ship recycling industry. Despite a small number of ships becoming available for sale recently, there’s a major shortage of vessels to meet even the basic needs of major recycling locations. This scarcity is causing problems for ship owners [...]

shipping inbox
23/03/2024
Ship Recycling

Ship Recycling Market Update: A Tale of Two Regions

Ship Recycling Market Update: A Tale of Two Regions The latest report from GMS paints a contrasting picture of the global ship recycling market. While some regions struggle, others experience a much-needed revival. Bangladesh and Pakistan See a Resurgence The good news comes from Bangladesh and Pakistan. These markets have [...]

shipping inbox
22/03/2024
Ship Recycling

Alang’s Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters

Alang’s Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters Alang, India, boasts the world’s largest ship-breaking yards. But these once-bustling graveyards for giant vessels are now facing their worst slowdown in nearly a decade. The numbers speak for themselves. In 2023, just 136 ships arrived at Alang for their [...]

shipping inbox
19/03/2024
Ship Recycling

Alang Shipbreaking Industry Struggles Despite Government Support

Alang Shipbreaking Industry Struggles Despite Government Support The Alang shipbreaking industry in Bhavnagar district, Gujarat, is facing a major crisis, despite significant efforts by the central and state governments. This industry, responsible for 98% of India’s ship recycling, is currently in a slump due to international factors beyond its control. [...]

shipping inbox
19/03/2024
Ship Recycling

Ship Recycling Market Struggles Amidst Uncertainties: A Breakdown

Ship Recycling Market Struggles Amidst Uncertainties: A Breakdown The ship recycling industry is facing a period of sluggish activity, with several factors contributing to a lack of available ships for dismantling, particularly in Bangladesh and Pakistan. Here’s a closer look at the current trends in key ship-breaking regions: Bangladesh and [...]