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Latest From Ship Recycling
European shipowners urged the EU to help lift living and working standards at South Asian beaches, rather than trying to force owners to use costlier European yards. They call for a bilateral deal so compliant yards can join the bloc’s green list
Industry groups defend Maersk’s record on shipbreaking after Danish government says it will investigate the reflagging and recycling of four ships at Alang, India
GMS noted that there were still some end buyers looking to buy vessels despite ongoing uncertainties regarding vessel deliveries, customs services for boardings and clearances, and repatriation of crews, as well as flights out of India
Rise in newbuilding orders for gas carriers and larger bulk carriers and containerships has filled slots at Asian yards
With a wave of optimism surging over container shipping, new capacity is being ordered at breakneck speed. But the race for ever bigger ships appears to have slowed, with lines taking to more flexible units
The week in charts: Tanker scrapping flatters to deceive | Box data highlights pandemic pain | Suez stoppage shoots up freight rates
Tanker demolition numbers through the first quarter did little to raise hopes of reducing oversupply weighing on rates, while the latest official container volume data lays bare the initial impact of coronavirus on the industry
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