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Latest From Ship Recycling
Idle fleet hits new highs as ships return to yards for scrubbers, but supply still outweighs demand
India, one of the top volume ship recycling countries in the world, has become the 15th contracting state to the conventio. It may spur other countries to join and assist the convention over the threshold into meaningful enactment
The India government has decided to enact a bill — the Recycling of Ships Bill 2019 — to regulate ship recycling by conforming to specific international standards
Limited opportunities for asset plays in the past 10 years, as well as the current cautious approach to investment in the next generation of new ships, suggests that certain sectors may spike in the next two to three years
Industry players hope for an improving recycling market going into 2020. They would like to think they have seen the worst of the falls and negativity
Supporters suggest a carbon tax will accelerate the development and uptake of alternative fuels and carbon-neutral propulsion technologies
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