Global Ship Recycling Sector Faces Subdued Prospects Amid Geopolitical and Economic Turmoil As we near the close of the third quarter of 2024, the global ship recycling industry is grappling with a bleak outlook, according to the latest report from GMS, the world’s largest buyer of ships for recycling. The [...]
The Future of Ship Recycling Industries: A Greener Horizon on the Seas As the world shifts its focus towards sustainability and environmental consciousness, the ship recycling industry has found itself at a crossroads. Often referred to as the “graveyard” of the maritime industry, ship recycling has traditionally been an essential [...]
Alang Yards Invest for HKC Compliance: Hoping to Regain Footing in Global Market Alang, Gujarat – Several shipbreaking yards at the infamous Alang facility in India have announced significant investments towards achieving compliance with the Hong Kong Convention (HKC) for safe and environmentally sound ship recycling. This move comes amidst [...]
Ship Recycling : India’s market continued to show sluggishness : Best Oasis BEST OASIS is Word’s leading cash buyers for ship to be sent for recycling, in their weekly market report Best Oasis opined that :Â Exploring the ship recycling destinations for this week. India’s market continued to show sluggishness, similar [...]
