News & Events

News

Recycling USS Enterprise at PSNS could cost more, contribute to further maintenance delays.

  • 11/08/2018

It would take Puget Sound Naval Shipyard more than a decade to dismantle the Navy's first nuclear-powered aircraft carrier, according to a recently published Government Accountability Office re...

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Tanker market faces further headwinds as trade war is in full swing.

  • 11/08/2018

A shift of tectonic proportions could be underway in crude and LNG trading, bringing equally big shifts in ton-mile demand for tankers. In its latest weekly report, Allied Shipbroking said that &ld...

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Demolition activity still lacking momentum.

  • 11/08/2018

As with newbuilding orders, ships’ demolition activity has also slowed down considerably over the course of the past few weeks. In its latest weekly note, Clarkson Platou Hellas said that &ld...

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You Break It (up), you buy it: HK Convention seeks to drive safe ship recycling.

  • 11/08/2018

Around 90 percent of the goods we buy arrive in Hong Kong via ship. While ships play a vital role in world trade, they pose a serious threat to the environment when they are due to retire. &nbs...

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The shipbreaking industry where workers die on the shores of Bangladesh.

  • 11/08/2018

This year, falling freight rates have led many shipping lines to send their old oil tankers to an early grave - to the South Asian shipbreaking yards where they are torn down over a matter of weeks...

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