A Sharp Plunge in Product Tanker Recycling in 2023 Signals Industry Shifts By BIMCO In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at product tanker recycling activity which dropped to its lowest level on record in 2023, partly due to strong earnings, [...]
Ship Recycling : Worker’s safety in Bangladesh in question In a country where labor rights are frequently overlooked and violated by various industry owners, it’s sadly unsurprising that workers in our shipbreaking yards endure perilous conditions, resulting in frequent accidents and even fatalities. A recent report from NGO Shipbreaking Platform [...]
(1) Tragedy Strikes at Toggi Ship Breaking Yard in Chittagong as Worker Falls to His Death In a heart-wrenching incident, a worker lost his life after a fatal fall from a ship at the Toggi Green Ship Breaking and Recycling Ltd located in the Sitakunda upazila of Chattogram. The unfortunate [...]
