AJOT Digital Edition #668

AJOT Digital Edition #668 Cover

This Issue's Focus:

  • Ocean Carrier Review
  • Pacific Coast Ports

Financial institutions buying into mandate for safer shipbreaking practices

by Matt Miller
Ocean Carrier Review
In January, Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, announced it would stop investing in four shipping lines. The reason for such drastic action: The ship owners sell their vessels for scrapping that relies on what critics maintain are dangerous and polluting shipbreaking methods in Pakistan and Bangladesh.

Shipbreaking: breaking badly

by Matt Miller
Ocean Carrier Review
Shipbreaking is essential to not only the shipping industry but the global economy. With lower prices for steel scrap and a glut of steel products, there is a tremendous over capacity in the shipbreaking facilities.
https://www.ajot.com/images/uploads/article/everett-project-102017.jpg
Pacific Coast Ports

- Log In may be required to view the full article

Previous Edition

Issue #667

Issue #667

Next Edition

Issue #669

Issue #669

© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved