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Sustainability Ship Recycling Dry Bulk

Ship recycling activity hits five-month low amid steel market weakness

  • October saw a sharp decline in tonnage arriving at ship recycling centres
  • Indian yards at Alang received the majority of end-of-life ships, including two previously sanctioned tankers
  • Recyclers in Bangladesh, Pakistan, and Türkiye face subdued demand amid sluggish steel markets

  • Analysis

Vessel beachings in October included seven tankers, five bulk carriers and three containerships

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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