News & Events

News

Scrapping risks

  • 19/05/2018

Traditionally, when a ship reached the end of its economic life, the owner sold it, often to a cash buyer, for scrapping with little consideration of the next step. Many ships ended up on a beach i...

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Asian shipowners association: One Asia, unity in diversity

  • 19/05/2018

The Asian Shipowners’ Association (ASA) held its 27th Annual General Meeting on 15th May 2018 in Hong Kong, China, hosted by the Hong Kong Shipowners Association (HKSOA). Mr Jack Hsu, the 27t...

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VLCC still the main demolition candidates

  • 19/05/2018

The ships’ demolition market has been dominated by wet tonnage so far in 2018, with the past week proving no exception to the norm set since the beginning of the year. In its latest weekly re...

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Shipping waste and waste ships.

  • 19/05/2018

Dutch shipowner Seatrade was recently found in breach of the EU Waste Shipment Regulation (the “Waste Regulation”) after selling four reefer ships for scrapping in India, Bangladesh and...

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Shipping's financiers turning the tide on ship breaking practices.

  • 19/05/2018

Ship breaking industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to ac...

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