The ship recycling industry supplies great quantities of iron materials in the country (including high-quality steel), which also means that yards owners have substantial control over the amount of steel and its local price. Almost everything on ships is recycled, reused, resold. The ships scrapp...
“We are well known by U.S.-based owners sailing in the region,” Moelker said. “On the repair side, we serve U.S.-based customers servicing both commercial as well as government-related assets. And we are currently constructing two Stan Tug 2308s for U.S.-based Tidewater. We also ...