Shipbreaking #48. 284 ships scrapped including 81 blown-up and dumped at sea
Bangladesh has the most deficient ratio – 42 ships – 3 deaths.
Indonesia has the best productivity. 81 illegal fishing boats were demolished in 15 seconds.
Palau is the trendy funeral flag this quarter. 11 ships were deflagged to Palau just prior to be sent for scrapping. 17 of the 45 ships deflagged for their last voyage belonged to European shipowners.
The purchase price offered by shipbreaking yards in the second quarter of 2017 is around 350 US$ per ton in the Indian Sub-continent and around 250 US$ in China and in Turkey. The cumulated tonnage of scrapped ships is 1.6 million tons. The tanker Catherine Knudsen built in 1992 in Nagasaki, Norwegian-owned and Norwegian-flagged, was sold for more than 8 million US$. She was deflagged to Palau for her last voyage.
« Shipbreaking » # 47. The clear mirror of globalization
From January 1 to March 31, 2017, 225 ships out 240 were being demolished in India, in Bangladesh, in Pakistan, in China and in Turkey. 44 left for Asia for their last voyage under flags of financial or diplomatic convenience such as St. Kitts and Nevis, Palau, Togo, Niue or Mongolia. 76 ships had been built in Europe with European steel and Russian or Canadian asbestos. Only 5 ships are being broken up in European facilities.
“Shipbreaking” #43, January 1 to March 31, 2016
“Shipbreaking ” # 43
Quarterly bulletin of information and analysis on end-of-life ships.
January 1 to March 31 (pdf, 85 p. – 8 Mo)
“Shipbreaking #42”, from October 1 to December 31, 2015
Quarterly bulletin of information and analysis on ship demolition # 42
from October 1 to December 31, 2015 pdf 63 pages. 11 Mo
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Overview and analysis on 10 years of “Shipbreaking” bulletin
and 16 outstanding ex-ships
Shipbreaking, 2015 record
2015, the year of Bangladesh, bulkers go for slaughter, the industry for purgatory
Tons and $
766 ships demolished in 2015, i.e. a 21% drop compared to 2014. The scrap tonnage was 7 million tons, it was 8 million tons in 2014. This has been the weakest year since 2010 for the demolition business. Turbulence in the Top 5: decline in Pakistan and Turkey, drop in India, collapse in China and boom in Bangladesh. With a 47% increase, it is taking the lead after 6 years of Indian reign. 2015 is the year of Bangladesh. The Top 5 absorbed 95% of the demolished ships.
