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Ship demolition market slows in 2013Ship demolition market slows in 2013

Ship demolition activities slowed down in 2013 over the previous year, but the average age of ships getting scrapped is getting younger, according to French environmental watchdog Robin des Bois.

Lee Hong Liang, Asia Correspondent

January 13, 2014

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A total of 1,119 ships were demolished in 2013, a decrease of 16% in the number of ships scrapped and 20% in tonnage of metal recycled.

The environmental watchdog also noted that the average age of ships being taken out of service is getting younger at 28 years old in 2013 compared to 31 years old back in 2006.

Robin des Bois further highlighted that the top five shipbreaking countries – India, China, Bangladesh, Turkey, Pakistan – have received 92% of the total number of ships broken up, or 1,029 ships.

“India saved its leadership in terms of units as well as tonnage, ahead of Bangladesh and China, but suffered a fall of 35% in its activity; in 2013, its relative share dropped to 26% compared to 40% in 2012. The other major shipbreaking countries saw a decline of 10% except China where the number of ships delivered in the scrapyards has been higher (+15%),” Robin des Bois said in a statement.

Dry bulk carriers accounted for 35% of the demolition market, followed by general cargo vessels at 22%, containerships at 16%, tankers at 15% and all other vessels at 12%.

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About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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