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Latest From Ship Recycling
The fleet exit will have a limited impact on the overall capesize market, which has seen tonnage grow more than demand to transport iron ore
Vessels over 10,000 dwt recycled over the January-through-April period this year totalled 4m dwt, down 42% from the same period last year
As the world’s latest supersized containership takes to the water, new orders wither on the vine
Vale has also revised its guidance for iron ore fines production in 2020 to 310m-330m tonnes from 340m-355m tonnes
In case of any suspected infection, the government has advised shipbreakers to hand over the worker to Gujarat Maritime Board’s quarantine facilities or local health authorities
Norwegian shipowners expect the number of vessel lay ups to triple and the amount of ship recycling to double because of the coronavirus outbreak
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