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Dry Bulk International Ship Recycling

Ship recycling market remains soft as G2 Ocean sends fourth vessel for scrap

  • G2 Ocean has sold its fourth forest products carrier for recycling in 2026 as part of its ongoing fleet modernisation programme
  • The 1996-built Pine Arrow was sold to recyclers in Alang and follows the June sale of Grouse Arrow

  • News

Indian ship recycling prices continue to weaken due to soft domestic steel demand and cautious buying, while Bangladesh saw fluctuating prices with buying demand for small tankers

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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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