Dubai-based GMS has won U.S. government approval to scrap four container ships that were ‌under Iran-related sanctions, potentially paving the way for Washington to reduce the shadow fleet of such ...

The rare move allows Dubai-headquartered GMS to send four containerships for scrapping, potentially paving the way for more ...

GMS secures US permits to scrap four container ships sanctioned over Iran, marking a significant shift in ship recycling practices.

The Danish Minister for Environment and Food is preparing regulations to ensure Danish shippers use appropriate scrapping of vessels. Denmark is taking the lead in passing regulations that will ensure ...

A fresh row over scrap steel has put Bangladesh’s ship-breaking industry into peril. The ship-breakers have raised the price of scrap steel by Tk 1000 (US $15.79) per metric ton and decided to sell ...

Add Yahoo as a preferred source to see more of our stories on Google. FALL RIVER — Battleship Cove may boast the world’s largest collection of U.S. naval vessels, but that collection has gotten a ...

2020 has seen record-breaking numbers of cruise ships sent to scrapyards. Almost all major cruise lines have sold at least 1 ship in order to cut costs and as a result, the cruise news has been FULL ...

Cruise lines offloaded a record number of ships during the pandemic, but that trend seems to be over. After a record 18 vessels were sold to shipbreakers last year, not one has been sold for scrap ...