Middle East tensions are placing growing pressure on the global ship recycling industry, with strong freight markets restricting the supply of vessels for recycling while inflation and slowing economic activity…
Wirana Shipping is calling on Pakistan to give scrap recovered from ship recycling the same tax treatment as imported scrap. The call follows several weeks of efforts by local recyclers…
Rakesh Khetan (pictured above), CEO of Wirana Shipping, has urged for swift action by designated Comptetent Authorities in India to resolve difficulties faced by ship recyclers in getting Document of…
Wirana Shipping has identified improving steel demand in India as an encouraging sign for the country’s ship recycling market, while slower demand and financing pressures continue to weigh on Bangladesh. The…
For decades, Greek shipping has demonstrated an extraordinary ability to adapt, evolve and lead through every market cycle. From navigating volatile freight markets to driving fleet renewal and influencing global…
The Indian subcontinent (especially India and Pakistan) ship recycling market has entered a rare period of inactivity, with Wirana Shipping’s latest market outlook report showing hardly any new recycling candidates…
Ship recycling prices across key recycling destinations have remained broadly stable despite weaker conditions in steel markets, cautious buying and pressure on steel prices, Wirana Shipping’s latest market outlook report has…