7 articles found with keyword "Scrapping"
The inflation monster, falling freight rates, and excess supply in the oil market have hit the shipbreaking sector. According to a report by MarineLink based on GMS data, scrap prices, which reached $600 at the beginning of 2024, are signaling alarm as they are projected to drop below the $400 mark by the end of 2025.
SCRAPPING has surpassed record rates set in 2008 as steel prices soared among Indian subcontinental ship breakers despite government-imposed Covid lockdowns, reported London's Lloyd's List
Overall confidence levels in the shipping industry recovered slightly from their lowest level for over four years in the three months ended November 2012, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.The small uptick in confidence appears to be related, among other things, to an increase in scrapping and to the start of a grad...
CONTAINERSHIP scrapping is increasing this year with 120 vessels, totalling 200,000 TEU scheduled for the breakers in the first six months of the year with more than half equating to one per cent of the global fleet.
GLOBAL containership scrapping is forecast to climb to a new record high of 750,000 TEU this year based on Alphaliner's estimates, effectively surpassing 2016's record 655,000 TEU that went for demolition.
SOUTH KOREA's Hyundai Merchant Marine (HMM) appears to be preparing to exit its 2M vessel sharing arrangement with Maersk Line and MSC when the agreement comes up for renewal on April 1 2020, reports Singapore's Splash 24/7
TWO men lost their lives and another 13 men have been injured during scrapping operations onboard a containership at a shipbreaking yard in Bangladesh
7 articles found with keyword "Scrapping"
The inflation monster, falling freight rates, and excess supply in the oil market have hit the shipbreaking sector. According to a report by MarineLink based on GMS data, scrap prices, which reached $600 at the beginning of 2024, are signaling alarm as they are projected to drop below the $400 mark by the end of 2025.
SCRAPPING has surpassed record rates set in 2008 as steel prices soared among Indian subcontinental ship breakers despite government-imposed Covid lockdowns, reported London's Lloyd's List
Overall confidence levels in the shipping industry recovered slightly from their lowest level for over four years in the three months ended November 2012, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.The small uptick in confidence appears to be related, among other things, to an increase in scrapping and to the start of a grad...
CONTAINERSHIP scrapping is increasing this year with 120 vessels, totalling 200,000 TEU scheduled for the breakers in the first six months of the year with more than half equating to one per cent of the global fleet.
GLOBAL containership scrapping is forecast to climb to a new record high of 750,000 TEU this year based on Alphaliner's estimates, effectively surpassing 2016's record 655,000 TEU that went for demolition.
SOUTH KOREA's Hyundai Merchant Marine (HMM) appears to be preparing to exit its 2M vessel sharing arrangement with Maersk Line and MSC when the agreement comes up for renewal on April 1 2020, reports Singapore's Splash 24/7
TWO men lost their lives and another 13 men have been injured during scrapping operations onboard a containership at a shipbreaking yard in Bangladesh
