Ship Recycling : Indian market experienced significant decline, weekly ship recycling market report by world’s leading cash buyers of the ships for demolition. Highlights of the Week In the ship recycling sector this week, there has been a significant decline observed in India. However, it is worth noting that buyers [...]
In the past week, Bangladeshi ship recyclers didn’t acquire any new ships, but there have been two undisclosed deals involving the arrival of a handymax bulker and a car carrier at Chattogram beach. Mariner Associates CTG, a shipowner based in Chattogram with a fleet of 12 handymax and supramax bulkers, [...]
The Bangladesh’s shipyards have been making impressive strides in terms of safety and environmental practices within the ship recycling industry. This progress is significant and contributes significantly to both ship construction and environmental protection, as highlighted by Industries Minister Nurul Majid Mahmud Humayun. The previously struggling government-owned dockyards and shipyards [...]
The ship recycling industry has recently gained attention, particularly with Bangladesh’s commitment to ratify the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships 2009 (HKC). The HKC requires certain criteria to be met for its entry into force, including a minimum number of states ratifying it, [...]
Bangladesh is planning to ratify the Hong Kong Convention on recycling ships in early June. The Hong Kong Convention is an international treaty established by the International Maritime Organization (IMO) to ensure that ships being recycled at the end of their operational lives do not pose risks to human health, [...]
Bangladesh is expected to ratify the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, commonly known as the Hong Kong Convention, in the next few weeks. The decision was confirmed by the Bangladesh Government during a visit to the country by Norwegian authorities, the Norwegian [...]
