With the global markets increasing
the demand for sea freight, it’s great to see that the ship recycling industry
is having its busiest year, converting old scrap vessel at the end of their
lifespan to be converted into new cargo vessels for international duties. An
international clearing agent will tell you that new ships on the waters have
increased by up to 20% each year, and with the recycling efforts of 2011, that
figure is remarkably lower, pushing down carbon footprint levels from
international trading.
The dry bulk market is staging a
huge comeback due to the impressive numbers of decrepit vessels being recycled
in the major areas of the world market. Records are to be set with over 20
Million of dead weight tonnage (DWT) being recycled in this year and even
higher should more major players come to the plate. Older vessels on water are
less efficient and often user higher amounts of fuel and will not run as
efficiently as newer more eco friendly models. All of this bodes well for the
sea freight industry as well, with construction getting a huge boost from the
amount of dry tonnage heading to the docks for recycling.
The 4 major ship recycling
countries internationally are China ,
Bangladesh , India and Pakistan
Source: Eco Blog. 23 September 2011
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