At least 500 container ships are ready to be scrapped, but they are still finding work in the current market, writes Bimco.

The United States has tightened its grip on Iran’s oil industry, adding more tankers and individuals to its list of sanctions ...

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Joint Working Group on ship scrapping established by International Maritime Organization, the International Labor Organization and the Parties to the Basel Convention on the Control of Transboundary ...

Able UK has announced it landed a major disposal contract which will underline its position as one of the world’s leading marine decommissioning facilities. The contract is with the U.S. Government’s ...

LONDON, May 18 (Reuters) - Greek-based shipping firm Goldenport Holdings said it had just endured one of its toughest trading periods, heralding a difficult year ahead, and that it was considering ...

Adding to the concerns of clients who invested with Yieldstreet, the company said in a letter to customers last month it was hanging onto $5 million in money from a settlement in a ship-scrapping deal ...

At least 62 workers have been killed by accidents in Sitakunda's shipbreaking yards since 2019, Bangladeshi environmental group Young Power in Social Action has said ...

Cruise lines offloaded a record number of ships during the pandemic, but that trend seems to be over. After a record 18 vessels were sold to shipbreakers last year, not one has been sold for scrap ...