Norway's Grieg looking to scrap in Asia without beaching

Norwegian shipbreaker Grieg Green plans to open a new facility to scrap vessels and offshore installations in India or Bangladesh where recycling of vessels will be performed responsibly, as in China and Turkey. Beaching will never be an acceptable method, CEO Petter Heier tells ShippingWatch.

by LOUISE VOGDRUP-SCHMIDT

Oslo-based Grieg Green is in discussions with various players in India and Bangladesh to create a shipbreaking yard with the same standards and conditions as at the yards Grieg Green already collaborates with in China, CEO Petter Heier tells ShippingWatch.

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Norway's Grieg looking to scrap in Asia without beaching

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

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Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

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Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs