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Latest From Ship Recycling
Instead of using the European List as a carrot to induce yards in South Asia to improve their safety and environmental standards, the European Commission has been sitting on the fence
A slowdown in orders in October will not offset the large number of ships still on the orderbook for the year ahead
The EU will introduce its new ship recycling safety and environmental standards from the start of 2019
Bangladesh led the major shipbreaking nations with 35 recycling projects in the quarter, while China scrapped just one ship, according to Brussels-based NGO Shipbreaking Platform
The number of vessels with S&P value equal to scrap value is starting to rise again, suggesting more may be recycled soon
Poor economic conditions combined with tariff wars likely to delay carriers’ return to profitability as costs escalate from low-sulphur rules
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