Global Ship Recycling Market Faces Stagnation and Uncertainty The ship recycling industry continues to struggle with sluggish activity and various challenges across key markets, according to reports from leading companies like Best Oasis, Clarkson Platou Hellas, and Allied. India: The situation in India, traditionally a major ship recycling hub, remains [...]
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 [...]
EU Ship Recycling Regulations Under Review: Potential Changes and Impact on Asian Yards The European Commission’s review of its Ship Recycling Regulations (EUSRR) is nearing completion, with results expected in the second quarter of 2024. This review holds significant implications for the future of shipbreaking practices, particularly concerning the potential [...]
The Ship Recycling Market: A Dwindling Supply and Uncertain Future The global ship recycling industry has been facing a significant challenge for several quarters now: a shortage of available ships for scrapping. This situation, highlighted by cash buyer GMS, has resulted in a stagnant market with minimal activity across all [...]
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 [...]
Ship Recycling : Indian Market is unchanged : BEST OASIS World’s leading cash buyer for Ships for recycling BEST OASIS opined that the Indian market remained the same as last week. The current position of the ship recycling industry in India is unchanged from the previous weeks. The demand for [...]
