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Maritime Watch Monitor, 29 July 2026
The European Commission is proposing to admit two Indian shipbreaking yards to its approved list, and both of them beach their ships. Shree Ram and YSI Recyclers, at Alang, run vessels onto the shore rather than break them up alongside…
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Europe loses fleet share even as tonnage grows
A new European Shipowners study reports that the European-controlled fleet represents 34.5% of the world fleet by capacity. The figure, used in the press release accompanying the publication and in the executive summary,…