Ship Demolitions

NGO Shipbreaking Platform publishes South Asia Quarterly Update #24 In this quarterly publication, the NGO Shipbreaking Platform informs about the shipbreaking industry in Bangladesh, India and Pakistan. Providing an overview…

CSM Energy extends service offering with integral service platform Ambitious plans to expand CSM Energy into a one-stop shop solution for ship owners, investors and operators in the energy sector,…

BIMCO: EU ship recycling regime improved, but gaps remain An updated Report on the European list of ship recycling facilities, commissioned by BIMCO, shows progress in increasing the number of…

Protecting watchdogs across the EU: proposal for an EU anti-SLAPP law A coalition of non-governmental organisations from across Europe has been working over the past years to raise awareness and…

Market survives with minor rise amid Geopolitical Chaos and Coronavirus “challenged…” The BDI  clinched 11 points and now stands at 1,230 points which is also 82 points plus since last…

BIMCO’s Shipping Number of the Week Sale of 25-year-old VLCC ends 512 days demolition draught The sale of Sam (formerly Zoya 1), an almost 25-year-old 300,500 DWT crude oil tanker,…

Platform publishes South Asia Quarterly Update #23 There were a total of 170 ships broken in the third quarter of 2020. Of these, 110 ships were sold to the beaches…

Prosecutor launches investigation after Icelandic journalists shed light on illegal export of toxic ships to India Cash buyer GMS once again under the spotlight Icelandic program Kveikur released yesterday an…

NGOs call EU’s intent to export toxic ships to developing countries illegal and contrary to aims of Green Deal Brussels, 23 September 2020 – The Basel Action Network (BAN), the European…

Verifavia launches industry’s first “3-way plug & play” dashboard to ensure efficient IHM maintenance procedures New technology platform supports compliance with EU SRR 31 December 2020 legislative deadline and ongoing…

VesselsValue partners with Concirrus to provide clients with improved underwriting capabilities. VesselsValue, an online valuation and data provider announces a new data partnership with leading InsurTech, Concirrus. This partnership will…

Platform News – Carnival Corporation commits to sustainable ship recycling NGOs commend cruise shipping giant Carnival Corporation for its recent decision to support clean, safe and just ship recycling. The…

Ship recycling in Bangladesh leaps forward with third phase of key project signed The third phase of an IMO-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh…

Evergreen joins the Ship Recycling Transparency Initiative August 3, 2020 – Evergreen Marine Corporation (Taiwan) Ltd. has become a signatory to the Ship Recycling Transparency Initiative (SRTI) in order to…

Shipping number of the week Container shipping demolition reaches 41-month high in July With August just around the corner, container shipping demolition has already hit a 41-month high in July,…

Ship Scrapping: who owes a duty  of care? INTRODUCTION On Monday 13 July 2020, the UK High Court refused to strike out a claim for negligence brought by Hamida Begum…

NGO Platform publishes South Asia Quarterly Update #22 There were a total of 98 ships broken in the second quarter of 2020. Of these, 60 ships were sold to the…

NGO Shipbreaking Platform presents Impact Report 2018/2019 These past two years the Platform has won support for sustainable ship recycling in the financial sector while raising the stakes for ship…

A safe path to recycling compliance: DNV GL’s new guidance works to support shipowner decisions Hamburg, 10 June 2020: DNV GL, the world’s leading classification society, has launched a new…

NGOs distribute emergency food to shipbreaking workers in Bangladesh The current COVID-19 pandemic is affecting workers globally, including those employed in the shipbreaking sector. In Bangladesh, authorities have imposed strict…

Witnessing BDI’s grounding and messy Geopolitics in an uncertain Coronavirus era… The BDI lost 41 points since yesterday and now stands at 433; Geopolitics might create more than havoc amid…

Deadline approaches for new EU Ship Recycling Regulations New European ship recycling regulations enter into force at the end of the year – but the current tough market conditions, compounded…

Platform publishes South Asia Quarterly Update #21 There were a total of 166 ships broken in the first quarter of 2020. Of these, 126 ships were sold to the beaches…

IFCHOR appoints new joint CEO Leading international independent shipbroker IFCHOR has strengthened its leadership team by appointing Giovanni Ravano alongside Emanuele Ravano as Joint Chief Executive. Giovanni Ravano is an…

Possible Warning for the Tanker Market Overview After a positive autumn and winter, recent events have resulted in an increasingly pessimistic short term outlook for the Tanker market. In short,…