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Showing posts from May, 2022

What Does a Cash Buyer Do in the Ship Recycling Industry?

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  If you or someone you know is thinking about buying a ship or demolition of ships , it's important to know everything before you take the plunge to invest. Cash buyers play an extremely important role in the Ship Recycling industry because they are often the first buyer on board! Who are they? Why do they buy ships? What do they buy and where? In this article, we'll explore the role of cash buyers in the ship recycling industry. Ship recycling companies are benefited the most because of obsolete vessels sold to them. It helps them to sell valuable parts like steel, metals, furniture, and more, to the steel industries which gives them more profit. The role of cash buyers in an industry's revenue generation process cannot be undermined, as they provide all the things through which the revenue is generated. This article will discuss how cash buyers contribute to the recycling of ships and how it is handled? So, let’s start- - Ship owners and ship recyclers sell t

Ship Scrap Yards - What You Must Know About It?

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  Recycling of ships refers to the process that deals with obsolete vessels that have reached the end of their lifespan. Ships are made of several tons of solid steel and other materials that can be reused to avoid further extraction of raw material from nature, and responsible ship recycling takes charge of that responsibility.                    To begin with, you might not understand the importance of ship scrap yards and green ship recycling . However, when you see that these ships act as one of the major resources for raw materials, then it's easy to realize why recycling them is important.   Have you ever wondered where a ship goes when it reaches its end-stage? Is it dumped into a landfill? Handed off to a charity? Made into something else? Or is there another option? The answer to all your questions is responsible ship recycling . Shipbreaking yards in India and other countries buy those obsolete vessels and recycle them in a sound and sustainable manner.   If you'v