BW Offshore to Recycle FPSO Petróleo Nautipa in an Environmentally Friendly Process BW Offshore has agreed to responsibly recycle the FPSO Petróleo Nautipa, following the guidelines of the Hong Kong International Convention. They’ve chosen the Baijnath Melaram ship recycling facility in India for this purpose. This facility meets ISO standards [...]
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 [...]
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. [...]
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 [...]
Ship Recycling market is facing a complex situation The ship recycling industry is currently facing a complex situation, with a lack of large vessels available for demolition and a mix of trends across key players like India, Bangladesh, Pakistan, and Turkey. Market Overview: A recent report by shipbroker Best Oasis [...]
Ship recycling market update: Prices rise due to limited supply Good news for ship owners, bad news for recyclers: Ship recycling prices are going up because there are fewer ships available to be broken down. Here’s a breakdown by location: India: Prices are slightly up due to a modest increase in [...]
Ship Recycling: Demand in Alang remained low: BEST OASIS World’s leading cash buyers for ships for recycling, BEST OASIS in their weekly report opined that The ship recycling sectors across India, Bangladesh, Pakistan, and Turkiye are experiencing varying degrees of market stagnation and operational challenges. In Alang, India, the market [...]
Ship Recycling : Weekly Alang Position as on 17th February 2024 Disclaimer: Hey there! Just a heads-up: the stuff you find on this website is meant for general info only. We try our best to keep it accurate and up-to-date, but we can’t guarantee it’s always perfect. We’re not making [...]
