Ship Recycling Market Softened Last Week

The ship recycling market has been relatively quiet over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the EU Environmental Crime Directive (Directive (EU) 2024/1203) continues to draw significant attention within the recycling sector following the formal inclusion of unlawful ship recycling as a …

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