Bangladesh’s Ship Recycling Industry: A Race Against Time to Meet Environmental Standards A recent discussion in Dhaka, Bangladesh, highlighted the urgent need for the country’s vital ship recycling industry to comply with international environmental regulations. Speakers at the event emphasized that immediate action is required to ensure the industry’s sustainability. [...]
Ship Recycling: Best Oasis predicted that India’s market is on the rise World’s leading cash buyer for ships sending for recycling BEST OASIS in their weekly market report revealed that We’d like to extend our warmest Eid greetings to our readers. May this auspicious occasion bring you joy, peace, and [...]
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’s Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters Alang, India, boasts the world’s largest ship-breaking yards. But these once-bustling graveyards for giant vessels are now facing their worst slowdown in nearly a decade. The numbers speak for themselves. In 2023, just 136 ships arrived at Alang for their [...]
Alang ship recycling position as on 16th March 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 any [...]
A Slow Start for Ship Recycling in 2024: Market Struggles with Tonnage Shortage The global ship recycling industry seems stuck in a rut, according to the latest report by GMS, a company involved in ship demolition sales. This week, activity remained sluggish across major shipbreaking locations, including India, Bangladesh, Pakistan, [...]
Alang ship recycling weekly report as of 9th March [...]
Urgent Action Needed to Address Concerns Over Shipbreaking in Union Bay Two British Columbia ministers have called on the federal government to take immediate action regarding the Deep Water Recovery shipbreaking site in Union Bay. The ministers, Nathan Cullen (Water, Land and Resource Stewardship) and George Hayman (Environment and Climate [...]
Ship Recycling Market Remains Stagnant Despite Increased Demand for Scrap Vessels The ship recycling industry continues to struggle, despite an increase in demand for ships to be dismantled. This is according to a recent report by Best Oasis, the world’s leading cash buyer of ships. Market Stagnation Across Key Regions: [...]
Alang Shipyard Gears Up for Expansion Despite Declining Business India’s largest ship-breaking yard in Alang, Gujarat, is undergoing a significant expansion plan after nearly four decades of operation. This initiative aims to revitalize the industry and increase its capacity. Key Points of the Expansion Plan: Doubling Capacity: The Gujarat Maritime Board [...]
