Newsroom

Press Release – Union Bay residents still fighting against hazardous shipbreaking

published on February 13th, 2024

Three years after initial protests and warnings, the infamous shipbreaking company Deep Water Recovery Ltd (DWR) persists in scrapping vessels at Union Bay, Canada, in blatant violation of international and national rules and standards. Read More


Press Release – A surprisingly hushed start to ship recycling in February 12th, 2024

published on February 12th, 2024

In its latest weekly ship-recycling report, GMS observes that despite the Pakistani and Bangladeshi markets stabilizing and showing increased aggression at the bidding tables over the past five weeks, alongside the onset of the Chinese New Year holidays worldwide, the start of 2024 has been quieter for ship recycling than expected. Read More


Press Release – Latest report on ship recycling in Turkey presented in Izmir

published on February 3rd, 2024

On February 3, in Izmir, Turkey, a report was presented focusing on the challenges and future directions of ship recycling in Turkey. Attendees included representatives from local organizations, unions, and concerned citizens who participated in discussions about the sector's future and the promotion of safe and environmentally friendly practices. Read More


Press Release – List of ships dismantled worldwide in February 1st, 2024

published on February 1st, 2024

Shipping industry's disgrace: 85 percent of global tonnage scrapped on three beaches in South Asia. Read More


Press Release – Global Ship Recycling Market: A Year In Review and 2024 Projections

published on january 3rd, 2024

The ship recycling market experienced significant fluctuations in 2023, as highlighted by a prominent cash buyer of ships, Best Oasis, in its latest report. Read More


Press Release - New Regulations to allow more yards to recycle EU vessels

published on Nov 28th, 2023

New regulations are on the horizon that could broaden the scope of ship recycling for EU vessels. The proposed amendment aims to facilitate the transfer of hazardous materials often found in ships destined for recycling to approved facilities. Under a potential new EU agreement on waste shipment regulations, EU-flagged vessels could be recycled at non-EU and non-OECD yards listed as approved. Read More

CONTACT THE TEAM

Mr. Deepak Reddy, MD Neptunus Ship Builders & Recyclers Pvt Ltd.

337, Road No.5, Banjara Hills, Hyderabad, Telangana, India - 500034

+91 9848434567

deepak@neptunus.in