Shipbreaking

The incident follows an explosion in November last year at another Gadani yard involving an oil tanker beached for recycling and in which 27 workers were killed. Furthermore, a man died recently in...
The value of the global e-scrap recycling market will climb to US$ 34.32 billion by 2022. On a side note, as much as 50 million tonnes of e-scrap is generated annually around the world. International...
‘Being the first ship recycling yard in South Asia to obtain this certification demonstrates our hard work and dedication to improving worker health and safety standards at Leela, setting new...
During the two-day conference, the European Commission's list of approved ship recycling facilities will be discussed in detail, highlighting the effects that it will have on Europe's ship recycling...
International Shipbreaking, which is part of the UK-based EMG Group, will tow the 61 000-tonne vessel from its current location at Bremerton in the US state of Washington, charting a course around...
The investment forms part of India’s Coastal Community Development Programme and an estimated 30 million rupees will be spent in this field over the next three years. This shipbreaking training...
The company, which operates a fleet of more than 600 large container vessels, has been recycling its ships in China and Turkey but has decided to look at India as an alternative destination, partly...
Maersk Group will send the vessels to the Shree Ram Yard which is certified to Hong Kong Convention standards. Previously, Maersk has opted for ship recycling in a select few shipbreaking yards in...
Greener and safer vessel recycling seems to be gaining traction on the shores of Bangladesh and India. At Alang, known for its beaching practices and a focus of widespread criticism for its toll on...
The world’s largest container shipping company, Maersk last week announced a commitment to help selected ship recycling yards at Alang in India to upgrade facilities and practices to comply...
‘With more vessels to be recycled in the future, the current cost of sustainable ship recycling is not feasible,’ it states. ‘The Maersk Group is determined to use its leverage to...
The conference will incorporate interactive panel discussions addressing various topics, including: the steel industry in Bangladesh; the future of the global shipbreaking sector; new technologies;...
The event will take place in Brussels, Belgium, and will provide stakeholders with an update on the 'essential' developments facing the industry, such as the implications of the new EU Ship Recycling...
'Ship owners have a responsibility to ensure the safe and environmentally sound dismantling of their end-of-life fleet,' the association's ceo Sturla Henriksen has stated on its website. 'As an...
Shipbreaking operations are being pushed further in the direction of modern yards in China and Turkey, not least because of China's steel pricing strategy. Although the nation's economy is slowing,...
Some US$ 5.1 billion worth of vessels had been recycled in 2012, falling to US$ 4 billion in 2013 and just US$ 3 billion last year, reported Vagelis Chatzigiannis, a Dubai-based trader and...
The event will provide a platform to exchange and discuss strategies to both improve safety and maximise profit in today's evolving industry. 'Delegates will receive the most up-to-date information...
The vessel has been operating in the Angola area since 1979, refining 100 000 barrels of oil each day while boasting a storage capacity of 1.4 million barrels. At a recent press conference, it was...
German ship owner Ernst Komrowski tops the list of ′dumpers′ with 14 end-of-life vessels sold to the beaching yards. All of these were formerly part of the Maersk fleet and had been on a...
Although India reduced its basic customs duty on imported scrap ships from 5% to 2.5%, the inflow of cheap products has continued to undercut the ship steel market. 'The regulatory import duty is...
According to Atul Sharma of the Gujarat Maritime Board, some 85% of the funds will be provided by the Japan International Cooperation Agency (JICA), with India investing the remaining 15%. Currently...
Demolition levels ′remain strong′ and 47.1 million dwt was recycled last year, according to the researcher. In the first seven months of the current year, meanwhile, 21.6 million dwt was...
Thirteen workers died at the Alang yard in the first six months of 2014 while the annual average is 10, it is reported. This increase is attributed in part to the poor implementation and breaking of...
In line with the central theme of how to be successful in the face of competition, the event at the Kensington Close Hotel will provide delegates with the details to help them ′unlock′...
The proposal from Adani Ports and Special Economic Zone (APSEZ) Ltd involves the development of a recycling facility on 40 743 hectares of reclaimed land. The company aims to recycle approximately 40...
International Shipbreaking of Brownsville in Texas will receive US$ 3 million to recycle the vessel, a sum which reflects the net proceeds expected from the sale of the scrap metal. Although the Navy...
′It is now time for South East Asian ship owners to join the front-runners of the maritime industry mainly based in Europe and say ′′no′′ to a practice that is harming...
Together with Pakistan and Bangladesh, India accounted for more than two-thirds of all business. Some 1119 vessels were scrapped in 2013 for a decline of 16% over the previous year while the volume...
The Costa Concordia capsized two years ago after hitting rocks, with the loss of 32 lives. According to Franco Gabrielli, the man tasked by the Italian government with overseeing the salvage...
At the recent Marine Money Conference in the Greek capital Athens, the company pointed out that the shipbreaking industry went from recycling a 'meagre' 300 ships in 2009 to selling for scrap over...

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