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Ship Recycling

Set Alert for Lloyd's List Sectors :: Ship Recycling

Latest From Ship Recycling

The week in charts: Pandemic impact on secondhand bulker and recycling markets revealed

The coronavirus pandemic has impacted on transactions in both the secondhand bulker and the ship recycling markets, new data shows, with activity in these sectors substantially down year on year. Meanwhile, container freight rates have hit new highs, but tanker spot rates on transatlantic routes are below operating costs

Containers Dry Bulk

World boxship fleet update: A fresh look at newbuildings

After the overcapacity of the past decade, box shipping's supply and demand equation is coming back into balance, with lines now looking to go back to the yards to refresh their fleets

International COSCO

Ship recycling prices to remain buoyant despite disruption

Prices paid to shipowners for their vintage tonnage are predicted to remain buoyant, with a reasonably good recycling offering expected in the coming year

International Ship Recycling

Vessels wrecked in storms off Vietnam

A weekend of bad weather has resulted in hull damage on a CMA CGM boxship, which ran aground after breaking its tow, while a badly listing Vietnamese general cargo vessel saw its crew abandoning ship after also running aground

Vietnam Casualty

World boxship fleet update: Engines and economics put orders on hold

Container shipping is going through a boom period despite ongoing concerns over the direction of the pandemic. But instead of using the better climate to increase their fleet sizes, carriers are staying away from the yards

International Hapag Lloyd

The week in charts: Floating storage unwinds further; tanker scrappage low

The volume of crude and clean products in floating storage around the world has dipped in the past week, according to the latest Lloyd’s List Intelligence data, while tanker demolition could be on course for a three-decade low in 2020

Tankers and Gas Piracy and Security
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