Ship Recycling : Best Oasis Foresees Improvement in India but Sluggish Trends in Bangladesh Leading cash buyer of the ship to be sent for recycling BEST OASIS in the weekly ship recycling market report predicted that, the current state of the ship recycling sector in India has shown a slight [...]
The ship recycling market has maintained a passive tempo The current market exhibits a notable lack of activity and a dearth of optimism regarding any potential alterations in its prevailing pattern. Contrary to expectations, the Indian market experienced a rather unexpected outcome following the Diwali festivities, as opposed to the [...]
Challenges and Slow Progress: A Closer Look at the Current State of the Ship Recycling Market In recent times, the ship recycling market has maintained a sluggish pace, reflecting a lack of activity and optimism for a change in the pattern for the remainder of the year. According to shipbroker [...]
MSC Rita’s Fiery Farewell: Container Ship Sold for Recycling Amidst Industry Challenges In June, a significant event unfolded in the maritime world as a fire broke out on the MSC Rita, a container ship belonging to MSC Mediterranean Shipping Company. The vessel was anchored off Abu Dhabi’s Khalifa Port at [...]
Alang ship recycling position as on 27th November 2023 [...]
Alang ship recycling position as on 20th November 2023 [...]
Ship Breaking Industry Sail Through Diwali Festivals Anticipation: A Week of Positive Trends The shipbreaking industry has witnessed positive developments in the past week, marked by the Bahri week in Dubai and the anticipation of Diwali holidays. In this overview, we delve into the insights provided by shipbroker Clarkson Platou [...]
Ship recycling market remain subdued. As the Diwali holidays take center stage in the sub-continent markets, the maritime industry enters the final months of 2023 with a precarious balance, according to cash buyer GMS. Despite some impressive sales reported in India, overall sentiments and pricing remain subdued. Moving to the [...]
Green Recycling and Regulatory Fog: Charting the Course for Ship Recycling’s Future The ship recycling industry is facing unprecedented challenges, creating an uncertain landscape for the market, according to Sanjiv Agarwal, the director of a prominent ship recycling facility in Alang, India. He notes a significant decline in demand and [...]
Ship Breaking and Recycling Market Unveiled: Trends, Challenges, and Growth Factors The Ship Breaking and Recycling Market research report offers valuable insights into the current market scenario, upcoming trends, and detailed analysis of products and services. It provides essential statistics regarding the market’s status, size, share, and growth factors. The [...]
