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Latest From Ship Recycling
The large number of scrapping candidates points to a bright market outlook, VesselsValue analyst Court Smith says
Shipowners can no longer afford to take a nonchalant approach to European ship recycling regulations, after a Dutch court handed out an unprecedented guilty verdict against Seatrade for violating EU waste laws. The decision, described as a “game changer” and a “wake up call” for owners, was the first successful prosecution against a shipping company under this regulation.
Europe-only regulations insufficient to guarantee safety and environment, Hartmann argues
Figures from NGO Shipbreaking show at least 33 yard workers were killed in fatal accidents at beaching facilities in Bangladesh, India and Pakistan last year
NGO Shipbreaking Platform admits there is no confirmation GMS was the end buyer of four vessels
Two 1990-built ships were demolished this month amid weak freight rates and firm scrapping prices
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