Joint Working Group on ship scrapping established by International Maritime Organization, the International Labor Organization and the Parties to the Basel Convention on the Control of Transboundary ...

A fresh row over scrap steel has put Bangladesh’s ship-breaking industry into peril. The ship-breakers have raised the price of scrap steel by Tk 1000 (US $15.79) per metric ton and decided to sell ...

SINGAPORE (Reuters) - The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade, driven by weak earnings, firm prices for scrap steel and the need to prepare ...

Driven by an unprecedented influx of offshore vessels and assets, ship scrapping activity soars globally. What’s next? Dr. Anil Sharma, whose company GMS buys for scrap more than one-third of the ...

CHITTAGONG, Bangladesh/SINGAPORE, May 19 (Reuters) - Abul Hossen is preparing for the arrival of dozens of ships that promise to carry his family and hundreds, if not thousands, of other Bangladeshis ...

This week, several more sales have registered as sub-continent ship recycling markets come roaring back – and a previously subdued Bangladesh starts to seemingly find some form once again, with some ...

NORFOLK, Va. (AP) — An operator of a ship scrapping company has been sentenced to a year in prison for federal environmental violations. Fifty-six-year-old Steven E. Avery of Bohannon was sentenced ...

Oil tanker owners are giving up. A 19-month curtailment of OPEC cargoes, and environmental regulations that are proving uneconomical to comply with, have got owners purging the supertanker fleet at ...