But Turkey has bucked the trend, enjoying a busy year, according to one of the country’s leading ship recyclers, Leyal Ship ...

These ships are currently worth more for their parts than they are as luxury voyages. As the cruise ship industry continues to be battered by the ongoing coronavirus pandemic, boats once considered to ...

Carnival Fantasy was a ship famous for its outlandish décor, all-night revelry, and size—back when 2,000 was an incredible number of passengers. The “Fun Ship” vibe it introduced in 1990 came with ...

Ships being dismantled for scrap metal at the Aliaga ship recycling port on Nov. 22, 2023, in Izmir, Turkey. (Berkcan Zengin / Middle East Images via AFP) CHITTAGONG, Bangladesh (AFP) — Mizan Hossain ...

IZMIR, Turkey - These ships once carried thousands of passengers on all-inclusive cruise vacations. But as the coronavirus pandemic continues to have a devastating effect on the travel industry, major ...

Decommissioned cruise ships are being dismantled at Aliaga ship-breaking yard in the Aegean port city of Izmir, western Turkey, October 2, 2020.REUTERS/Umit Bektas This shipyard in western Turkey has ...

ALIAGA, Turkey (Reuters) – 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 ...

Ship recyclers confront soft steel prices and volatile currencies in latest GMS update. Find the latest news from the maritime industry on the PortNews website.

Inflation, fundamentals, currencies (except in India), vessel pricing, and overall weakening sentiments have beset the ship recycling market over the past week, reports cash buyer GMS. The effects ...