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Listen "Inside the Markets: China – fleet recycling trends, HKC compliance, and shipowner strategies"
Episode Synopsis
In this episode of the Inside the Markets series from GMS Podcasts, we focus on China, the world’s largest shipowning nation and one of the most influential players in global shipping. While the fleet is extensive, recycling volumes remain limited, with many transactions taking place off-market or redirected to domestic use.
Jamie Dalzell, Head of the GMS Singapore Office, speaks with Leo Liu, Head of the GMS China Office, about how Chinese shipowners are managing ship recycling under the Hong Kong Convention (HKC) and how regional market conditions are shaping their decisions.
The discussion covers:
Why Chinese shipowners extend vessel lifespans and keep recycling volumes low
HKC compliance among state-owned and private owners with international exposure
Current vessel types moving to recycling including handy and small bulkers, coastal ships, and feeder containerships
Pricing outlook with LDT values ranging from 405 to 455 USD and why sellers remain cautious
Market updates from Bangladesh, India, and Pakistan and what these mean for Chinese sellers
From bulk carriers to feeder containerships, Leo shares insight into how Chinese shipowners approach recycling, sales, and compliance.
Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcast and follow GMS on LinkedIn for future updates and discussions.
Jamie Dalzell, Head of the GMS Singapore Office, speaks with Leo Liu, Head of the GMS China Office, about how Chinese shipowners are managing ship recycling under the Hong Kong Convention (HKC) and how regional market conditions are shaping their decisions.
The discussion covers:
Why Chinese shipowners extend vessel lifespans and keep recycling volumes low
HKC compliance among state-owned and private owners with international exposure
Current vessel types moving to recycling including handy and small bulkers, coastal ships, and feeder containerships
Pricing outlook with LDT values ranging from 405 to 455 USD and why sellers remain cautious
Market updates from Bangladesh, India, and Pakistan and what these mean for Chinese sellers
From bulk carriers to feeder containerships, Leo shares insight into how Chinese shipowners approach recycling, sales, and compliance.
Follow GMS Podcasts for market intelligence and regional updates from our country heads in Asia, the Middle East, and Europe. Subscribe to the GMS Podcast and follow GMS on LinkedIn for future updates and discussions.
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