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Scrap Metal News

03 Mar 2024

Recycling Market Still Deprived of Tonnage

Source: GMS

As freight markets push further on, global ship recycling markets remain deprived of tonnage, making it an increasingly suffocating environment for ship recyclers to operate in, reports cash buyer GMS.Bangladesh and Pakistan rely heavily on imported ship’s steel, not only for domestic / large-scale infrastructure projects, but also for its comparatively ‘healthier’ and ‘rust-free’ condition than other forms of imported scrap metal / steel (HMS 1, HMS 2, shredded steel, etc.)Therefore…

22 Oct 2023

Fire Breaks Out on Scrap Barge in New Jersey

Commercial salvage excavators work to overhaul scrap metal that caught fire aboard a barge in the Newark Harbor on Oct. 22 2023. Coast Guard pollution responders supervise the operation to limit the opportunity of pollution entering the water. (Photo courtesy of Ken's Marine)

A fire has broken out aboard a scrap barge in Jersey City, N.J., the U.S. Coast Guard said on Sunday.The agency said its watchstanders at USCG Sector New York received an initial call of a fire aboard a scrap metal barge moored at Sims Metal;s recycling facility in Jersey City at 11:30 a.m.A Coast Guard Station New York response boat crew, along with Sector New York prevention and response teams, joined multiple area agencies, including the Jersey City Fire Department, two New…

02 Oct 2023

Thyssenkrupp, Wilhelmsen Create 3D Printing Firm of Maritime & Offshore Sectors

CCO Håkon Ellekjær demonstrating a 3D printed spare part at the launch of Pelagus in Singapore last Friday.

Wilhelmsen and Thyssenkrupp announced on September 29 their joint venture company, Pelagus 3D, marking the entry of a new player into global maritime and offshore services market."Pelagus 3D envisions to be the largest one-stop, on-demand digital manufacturing partner for the maritime and offshore industries. It uses Additive Manufacturing (AM) or 3D printing to deliver maritime spare parts more efficiently in terms of time and cost, allowing customers to ensure their vessels’ seaworthiness and keep their operations moving on schedule…

30 Aug 2023

Kinder Morgan Says Idalia Caused Minimal Damage to Florida Terminals

(Image: NOAA)

Kinder Morgan KMI.N on Wednesday said its Port Manatee, Port Sutton and Tampaplex terminals in Florida sustained minimal damage due to Hurricane Idalia, and that it was also planning to shut its Charleston area terminals later in the day.The U.S. energy company said it was planning to reopen the terminals on Thursday, while its Tampa facilities including the Tampa refined products terminal and Central Florida Pipeline system have resumed normal operations.The Port Manatee, Port Sutton and Tampaplex terminals handle commodities such as fertilizers…

29 May 2023

Malaysia Detains Chinese Ship Linked to Suspected Illegal Salvage of British WW2 Wrecks

Credit: Angiolo/AdobeStock

Malaysia's maritime authorities on Monday said cannon shells believed to be from World War Two have been found on a China-registered bulk carrier ship detained at the weekend for anchoring in its waters without permission.The discovery comes amid reports this month that scavengers have targeted two British World War Two wrecks off the coast of Malaysia - the HMS Prince of Wales and HMS Repulse - which were sunk by Japanese torpedoes in 1941, just three days after the devastating attack on Pearl Harbor in Hawaii.

15 May 2023

Norway Naval Officer Found Guilty of Negligence in Oil Tanker Collision

NCA's surveillance aircraft LN-LYV flew over the incident site on November 9, 2018. Photo: The Norwegian Coastal Administration (NCA) - CC BY-NC 2.0

A Norwegian naval officer was found guilty on Monday and sentenced to a two-month suspended jail sentence for negligence leading up to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank.Building a replacement for the lost Helge Ingstad frigate would have cost up to 13 billion crowns ($1.24 billion), the armed forces estimated in a 2019 report.The early-morning crash between the Ingstad and the fully loaded Sola TS crude carrier near a major North Sea oil export terminal also triggered shutdowns of parts of Norway's petroleum production.

04 May 2023

NTSB Cites Potential Fire Risks for Marine Operators Carrying Scrap Materials

The scrap metal fire aboard the CMT Y Not 6 on the morning of May 23, 2022. Inset shows molten metal leaking out of a starboard-side freeing port. (Source: U.S. Coast Guard)

Lithium-ion batteries and other possible ignition sources could pose a fire safety issue in the transportation of scrap materials as cargo, the National Transportation Safety Board (NTSB) said Thursday.Although scrap metal cargo is typically nonhazardous and poses a low fire risk, there have been several recent fires involving such cargo. In January 2022, a shoreside pile caught fire in Newark, N.J. Two international vessels carrying scrap material experienced cargo fires in 2022…

18 Jan 2023

Norway: Naval Officer Denies Negligence in Oil Tanker Collision

NCA's surveillance aircraft LN-LYV flew over the incident site on November 9, 2018. Photo: The Norwegian Coastal Administration (NCA) - CC BY-NC 2.0

A Norwegian naval officer on Monday denied negligence leading up to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank. Building a replacement for the lost Helge Ingstad frigate would cost up to 13 billion crowns ($1.3 billion), the armed forces estimated in a 2019 report. The early-morning crash between the Ingstad and the fully loaded Sola TS crude carrier near a major North Sea oil export terminal also triggered shutdowns of parts of Norway's petroleum production. There was no leak from the oil tanker.

16 Jan 2023

Norway Naval Officer Goes on Trial Over Oil Tanker Collision

©Photo of KNM Helge Ingstad, taken from NCA's surveillance aircraft. Photo: NCA - CC BY-SA 3.0

A Norwegian naval officer stands trial on Monday accused of negligence that led to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank. Building a replacement for the lost Helge Ingstad frigate would cost up to 13 billion crowns ($1.3 billion), the armed forces estimated in a 2019 report. The early-morning crash between the Ingstad and the fully loaded Sola TS crude carrier near a major North Sea oil export terminal also triggered shutdowns of parts of Norway's petroleum production. There was no leak from the oil tanker.

05 Jan 2023

Lack of Dredging Could Delay Chevron's Venezuela Oil Exports

© momentscatcher / Adobe Stock

A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States, three people familiar with the matter said on Wednesday.Washington in November authorized the last major U.S. firm still operating in Venezuela to restore lost output and begin exporting oil as a way to encourage talks between Nicolas Maduro’s government and the country’s political opposition.But a plan to move heavy…

25 May 2022

US Inland Waterways: Big Money, New Projects, Help Wanted

(Photo: North Mississippi Industrial Development Association)

New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S. Army Corps of Engineers “Civil Works Program Infrastructure Investment and Jobs Act (IIJA), 2022 Construction Spend Plan.”In Arkansas…

20 Apr 2022

MARAD Announces New 'Marine Highway' Route and Projects

© Jon / Adobe Stock

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the designation of a new Marine Highway Route, two new Marine Highway Projects, and one Project Designation Extension as part of the America’s Marine Highway Program (AMHP). While focusing on supply chain efficiency will have nationwide effects, the states of Illinois, Michigan, Wisconsin, Alaska, Hawaii, Washington, California, and Oregon will receive new routes, designations, or extensions.The…

20 Jan 2022

Wakashio Wreck Removal Completed

(Photo; bMC Group)

Technical operations to remove the wreck of the Wakashio bulk carrier that ran aground and broke up off Mauritius wrapped up this week as salvors recovered final sections of ship debris that were lying up to 500 meters away from the site of the stern section.On July 25, 2020, the 300-meter Wakashio struck a reef near Pointe d'Esny off the Indian Ocean island's east coast, triggering an ecological disaster and prompting the Mauritian government to declare a state of emergency.

11 May 2021

BIMCO: Ship Demolition Prices Spike, Tankers Lead the Way

Chart courtesy BIMCO

In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues for the rest of the year, an 11-year record is set to be broken.This according to a report out today from BIMCO, which shows that so far this year, 10 crude oil and 38 oil product tankers have left the active trading fleet and the…

11 Mar 2021

Widow of Bangladesh Shipbreaker Pursues Test Case on Worker Safety

© saintmichel85 / Adobe Stock

A Bangladeshi woman whose husband died dismantling an oil tanker in a local shipyard was given the green light this week to keep pursuing a claim for compensation from a UK company linked to the vessel in a test case for the shipbreaking industry.Britain’s Court of Appeal threw out a request by London-based shipbroker Maran (UK) Ltd for the negligence case to be dismissed, the second appeal the company has lost.Hamida Begum’s husband, Khalil Mollah, 32, fell to his death in 2018 while breaking up the tanker Ekta in the Bangladesh port of Chattogram…

02 Oct 2020

Cruise Shipbreaking Booms in Turkey

© JHMimaging / Adobe Stock

Business is booming at a sea dock in western Turkey, where five hulking cruise ships are being dismantled for scrap metal sales after the COVID-19 pandemic all but destroyed the industry, the head of a ship recyclers’ group said on Friday.Cruise ships were home to the some of the earliest clusters of COVID-19 as the pandemic spread globally early this year.In March, U.S. authorities issued a no-sail order for all cruise ships that remains in place.On Friday, dozens of workers stripped walls…

22 Jul 2020

Maersk to Stop Taking Solid Waste Shipments to China

Image Credit: VanderWolf Images/AdobeStock

Denmark's A.P. Moller-Maersk, the world's top container shipping firm, said on Wednesday it would stop accepting solid waste shipments bound for China and Hong Kong from September."We sent out a customer advisory on July 20th, telling customers that solid waste acceptance will be stopped by Maersk into the destinations of Chinese Mainland and Hong Kong, effective September 1st, 2020," the company said in a statement.China began tightening restrictions on scrap commodities as part…

26 Jun 2020

Hapag-Lloyd to Halt Waste Shipments to China

© eyewave / Adobe Stock

German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that arrive from September 1 onward to comply with new legislation.China in April passed a law, taking effect in September, that holds carriers and importers responsible for the return and disposal of solid waste that fails to meet import requirements.It plans a blanket ban on solid waste imports by end-2020 for environmental reasons."This legislation is applicable to all solid waste cargo such as waste paper, waste plastics, waste meta

19 Mar 2020

Barge Lines Boost Crew Safety as Virus Threatens Crucial Cargo

© Ronald / Adobe Stock

The world has radically changed since towboat captain Terry Hall boarded his vessel late last month in Wood River, Illinois, for his four-week shift hauling bargeloads of crude oil, chemicals, scrap metal and other goods up and down the Mississippi River.His employer, Canal Barge Co, has beefed up pre-board health screenings for all crew to include a temperature check and disclosures about recent travel and personal interactions in response to the coronavirus pandemic.Any disruption…

16 Oct 2019

Antwerp Port Freight Volume Up

The total freight volume handled by Port of Antwerp rose from January through September 2019 by 1.1% compared with the same period last year. The container volume (in TEU) was up by as much as 6.4%.However the slowdown in the world economy reduced the growth rate of more volatile trade flows such as conventional break-bulk, liquid bulk and vehicles. On the other hand the volume of dry bulk such as scrap metal, minerals and coal soared by 9.5%, further propelling the overall freight growth for Port of Antwerp.With growth of 5.7% container freight is by far the largest category in the port of Antwerp. This growth can mainly be seen in the transshipment of containers, but the container volume is also expanding as a result of more imports and exports.

03 Jul 2019

U.N. Approves Release of Impounded Vessels

The United Nations has approved the release of two ships impounded by South Korea on suspicion of transferring oil to North Korea as there was no deliberate breach of sanctions, Seoul's foreign ministry said on Tuesday.South Korea seized four vessels to check whether they violated U.N. sanctions by making illegal ship-to-ship transfers of oil or coal products to North Korean ships.A U.N. panel monitoring the enforcement of sanctions approved the release of the Hong Kong-flagged Lighthouse Winmore and the South Korean P-Pioneer based on the result of a South Korean investigation that found they had not intended to breach sanctions, South Korean officials said."There was evidence of ship-to-ship transfers but we concluded that it was not deliberate…

09 Oct 2019

Baltic Index Rises on Uptick in Capesize Demand

© Zdenar Adamsen / Adobe Stock

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, jumped on Wednesday, on stronger demand for capesize vessels driven by a seasonal uptick in Brazilian iron ore exports.* The Baltic index, which reflects rates for capesize, panamax and supramax vessels, rose 72 points, or 4%, to 1,873, its biggest daily percentage gain since Aug. 30.* The capesize index jumped 177 points, or 5.8%, to 3,208, recording its steepest percentage rise in over five weeks.* The average daily earnings for capesizes…

08 Oct 2019

Turku Completes Ship Recycling Project

The Ship Recycling project at the Turku Repair Yard in Naantali in Finland has been completed.In the three-year project, funded by Tekes, six vessels were dismantled and recycled on an experimental basis. The background of the project is the EU Ship Recycling Regulation, which states that after 2018, EU-flagged or European-owned vessels can only be recycled on shipyards approved for that purpose.In the past, majority of the world’s fleet has ended up being scrapped in Asia under conditions that do not meet European safety and environmental standards. There is a growing need for sustainable ship recycling in Europe due to tighter requirements…