International Shipbreaking LLC in Texas helps decommission sizable U.S. Navy vessels. The president of ISL says the company was founded in 1995 to provide a recycling service to the U.S. Navy. Photo ...
The world’s largest battleships are essentially floating monuments; an ode to an era when naval dominance was defined by sheer […] ...
“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage ...
Shipbreaking is a global problem that requires urgent attention. On 15 km of coastline, Sitakunda is home to 30 ship-breaking yards. These yards recycle 38% of all dead ships in the world and provide ...
Japanese conglomerate Sojitz Corporation is funding a Dutch startup that aims to revolutionize the ship-breaking process, it announced. Circular Maritime Technologies International (CMT) is ...