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Home Icon > About Us > News > Ship Recyclers On their Knees, But Glimmer of Hope is Starting to Appear

Ship Recyclers On their Knees, But Glimmer of Hope is Starting to Appear

Lockdown measures, cancellations of contracts and financing issues are threatening to put a significant part of the ship recycling industry in the Southeast Asia under water. However, a glimmer of hope has started to emerge in the past few days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “despite the lockdown being ...

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