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The Nordic Baltic 8++ group of countries promised to take action against falsely flagged vessels in June 2025, but the problem only got worse after that
The shipping industry has always operated against a backdrop of uncertainty, but in today’s climate that uncertainty is more interconnected, faster moving and harder to isolate than ever before
After nearly five years of minimal scrapping, vessel recycling is set to re-emerge as a central theme from the second half of 2026, accelerating into 2027 as regulatory pressure, carbon compliance costs and weaker earnings take hold
Although recycling activity remains limited, volumes are expected to rise significantly later this year as liner sectors, in the boxship and vehicle carrier segments, face heavy newbuilding deliveries, while any return to the Suez Canal will provide further overcapacity to both markets
Lloyd’s List editor-in-chief Richard Meade and APAC editor Cichen Shen point out the key issues to watch as shipping enters one of its most turbulent years yet
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