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Scrapping Activity at South Asian Beaches Rises in Q2

A total of 182, out of 212 end­-of-­life ships which were sold for breaking in the second quarter of 2016, ended up on the South Asian beaches, according to the data collected and analysed by the NGO Shipbreaking Platform.

This represents 86 percent of end-of-life vessels which reached the shores of Bangladesh, India and Pakistan, making this quarter the worst in the last years in terms of the small percentage of ships recycled in non-beaching yards, the Platform said.

Out of 182 vessels, 100 were bulk carriers, the most common type of end-­of-­life vessels currently.

Bangladesh was the favorite final destination between April and June 2016, despite the fact that the Bangladeshi yards work under the worst conditions.

EU owners were the last beneficial owners of 61 ships sold to South Asia in the quarter. Greek owners topped the list with 27 ships sold to South Asian breakers, followed by German owners with 21 beached vessels. Chinese, South Korean and Hong Kong owners rank high on the list as well, all selling several vessels to Bangladesh.

 

Source: World Maritime News