Ship scrapping in the Asian sub-contentinent
12 Nov 2018
A high number of ships have been sold in recent months, weakening fundamentals impact on market.
Solar Ember
30 Oct 2018
Tanker mishaps make bulk carriers an alternative for ship recyclers in Gadani.
1998-built crude oil tanker Spero (ex-Seaservice)
16 Oct 2018
Further depreciation in the Pakistani and Indian currencies as well as Gadani tanker fire pose challenges in the shipbreaking market.
Crude oil tanker Ramlah
05 Sep 2018
The increase in steel prices has prompted a wave of vessel scrapping that had retreated during the Eid holidays.
1998-built Bahamas Spirit
29 Aug 2018
Rising steel prices have been a boon for India’s ship-recycling industry.
Ship recycling activity seen here.
15 Aug 2018
Tanker recycling sales have started to resume in Bangladesh while demolition sales to Turkey have halted amid the currency crisis there.  
1999-built Jade Prosper
18 Jul 2018
Scrap sales have slowed following a drop in steel prices in India and depreciation of the Indian currency.
1991-built LPG tanker, Nanga Parbat
11 Jul 2018
Shipping Corporation of India has sold its LPG carrier pair for demolition amid the depressed market following the slump in local steel prices.
2001-built DS Vector
27 Jun 2018
Tanker scrap sales cool amid the fluctuating market conditions and weak currency in Pakistan.
1999-built New Andros
20 Jun 2018
The Polemis family has sold its fifth VLCC for scrap in Bangladesh so far this year.
1996-built Concord M
13 Jun 2018
Scrap prices for elderly tankers are firm in Bangladesh amid currency depreciation in Pakistan.