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Results for:Recycling
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Supply
23 April 2024Report on the European List of Ship Recycling Facilities - Version 1.5 dated 20 February 2018
08 April 2019Supply/demand
27 November 2023RECYCLECON
07 June 2023RECYCLECON is a standard contract for the sale of ships for recycling in a safe and environmentally sound manner. The contract incorporates many of the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) such as the Inventory of Hazardous Materials and the Ship Recycling Plan. The latest edition of this contract is RECYCLECON, issued in 2012. Copyright in RECYCLECON is held by BIMCO.
Supply
01 September 2023Year-to-date product tanker newbuild contracting hits 10-year high
21 September 2023During the first eight months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tonnes (DWT). The last time more than 10 million DWT were contracted from January through August was in 2013.
Supply
01 September 2023Demolition report dated 19 November 2021
24 November 2021The recent noteworthy drop in the Indian ship recycling market seems to have reverberated across the sub-continent recycling sector this week, as competing markets start to reverse their vessel offerings in near unison. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Container ships reach highest average age on record of 14.2 years
25 October 2023Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11.9 years whereas tankers on average are 12.8 years old.
