Scrapping of containerships gathers pace ahead of IMO 2020

In the last 30 days, 23 container vessels have been sold for scrap – nearly half…

Bangladesh scrapping tax likely to be postponed

The attempt to reverse the recently imposed 15% value added tax (VAT) on ships being sent to Indian ship-recycling…

2017 budget to hit Pakistan, Bangladesh scrapping sectors

Ship-recycling sectors in Pakistan and Bangladesh have witnessed a decrease in LDT price after the respective…

2016 busy year for scrapping, says Clarksons 

2016 was a busy year for global ship recycling, especially when it comes to boxships and…