Bangladesh ship breaking

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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, [...]

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10/02/2024
Ship Recycling

The Dark Reality of Bangladesh’s Ship-Breaking Industry

The Dark Reality of Bangladesh’s Ship-Breaking Industry In Bangladesh, the ship-breaking industry is a grim testament to the exploitation of workers and the disregard for safety regulations. Despite global pledges to uphold worker rights, corporations exploit the lax regulatory environment of Bangladesh. This is particularly evident in the hazardous ship-breaking [...]

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16/01/2024
Ship Recycling

Global Shipping Market Faces Challenge : GMS

World’s leading cash buyer for ships for recycling GMS predicted that, Global Shipping Market Faces Challenge In its latest weekly report, the Global Marketing System (GMS) sheds light on the prevailing anxiety and uncertainty within the ship-owning community, particularly among those with vessels navigating or passing through shipping lanes currently [...]

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08/01/2024
Ship Recycling

Bangladesh Ship-Breaking Industry Navigates Troubled Waters in 2023

Bangladesh Ship-Breaking Industry Navigates Troubled Waters in 2023 The ship-breaking industry in Bangladesh, renowned as the global leader, faced a tumultuous year in 2023. It witnessed the lowest import of scrap ships in a decade, attributing this decline to the ongoing dollar crisis and a slowdown in both the national [...]

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27/11/2023
Ship Recycling

Ship Recycling : Worker’s safety in Bangladesh in question

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 [...]

Ship Breaking Industry Sail Through Diwali Festivals Anticipation: A Week of Positive Trends

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 [...]

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11/11/2023
Ship Recycling

Breaking Waves: Norway’s Generous Investment to Greenify Bangladesh’s Ship Recycling Yards

Breaking Waves: Norway’s Generous Investment to Greenify Bangladesh’s Ship Recycling Yards Norway’s enormous $1.3 trillion wealth fund announced a significant decision on Tuesday. It declared that it successfully advocated for the reinstatement of Thoresen Thai Agencies and concluded its monitoring of Hyundai Glovis. Both companies had previously engaged in the [...]

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09/11/2023
Ship Recycling

Bangladesh’s Ship Recycling Industry: A Catalyst for Sustainable Development and International Collaboration

Bangladesh’s Ship Recycling Industry: A Catalyst for Sustainable Development and International Collaboration In a recent gathering at a hotel in the bustling city, Zakia Sultana, the esteemed Senior Secretary of the Industries Ministry, emphasized the pivotal role of ship recycling in propelling Bangladesh’s economy forward. Addressing a diverse audience, including [...]

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07/11/2023
Ship Recycling

Green Recycling and Regulatory Fog: Charting the Course for Ship Recycling’s Future

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 [...]

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24/10/2023
General

Bangladesh’s Young Ship Recyclers Striving for Sustainability

Bangladesh’s Young Ship Recyclers Striving for Sustainability. In a recent conversation with TradeWinds, three dynamic ship recyclers from Chattogram shared their dreams of transforming ship recycling yards in Bangladesh. Currently, out of approximately 60 active ship recycling yards, only four are certified under the Hong Kong International Convention for the [...]