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Oversize Break Bulk Shipping Houston

Generally, ships are removed from the fleet go through a process known as or scrapping. and buyers negotiate scrap prices based on factors such as the ship's empty weight (called light ton displacement or LDT) and prices in the scrap metal market. In 1998, almost 700 ships were scrapped in places like and . This is often done by 'beaching' the ship on open sand, then cutting it apart by hand with gas torches, a dangerous operation that results in injuries and fatalities, as well as exposure to toxic materials such as asbestos, lead, and various chemicals. Half a million deadweight tons of worth of bulk carriers were scrapped in 2004, accounting for 4.7% of the year's scrapping. That year, bulkers fetched particularly high scrap prices, between $340 and $350 per LDT.

Some owners’ refusal to take cargoes at current rates can be seen in shipping data. More than 2,400 dry-bulk carriers were anchored last month out of a global fleet of about 8,500, compared with annual averages of less than 1,000 in 2009 and 2008, data compiled by Bloomberg show.

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Generally, ships are removed from the fleet go through a process known as or scrapping. and buyers negotiate scrap prices based on factors such as the ship's empty weight (called light ton displacement or LDT) and prices in the scrap metal market. In 1998, almost 700 ships were scrapped in places like and . This is often done by 'beaching' the ship on open sand, then cutting it apart by hand with gas torches, a dangerous operation that results in injuries and fatalities, as well as exposure to toxic materials such as asbestos, lead, and various chemicals. Half a million deadweight tons of worth of bulk carriers were scrapped in 2004, accounting for 4.7% of the year's scrapping. That year, bulkers fetched particularly high scrap prices, between $340 and $350 per LDT.

Several factors affect the cost to move a bulk cargo by ship. The bulk freight market is very volatile, and it fluctuates, along with the type of cargo, the ship's size, and the route traveled all affect the final price. Moving a capesize load of coal from South America to Europe cost anywhere from $15 to $25 per ton in 2005. Hauling a panamax-sized load of from the to Japan that year could cost as little as $40 per ton to as much as $70 per ton.