Recycling values are high, but Gulf situation is pivotal episode artwork

EPISODE · Jun 23, 2026 · 19 MIN

Recycling values are high, but Gulf situation is pivotal

from Lloyd's List: The Shipping Podcast · host Lloyd's List

It is a seller’s market at the moment in the ship recycling sector, thanks to a shortage of tonnage. But Hitesh Vyas of the Singapore-based cash buyer Wirana says in this first of six podcasts that this could change, depending on the outcome of the situation in the Gulf.

It is a seller’s market at the moment in the ship recycling sector, thanks to a shortage of tonnage. But Hitesh Vyas of the Singapore-based cash buyer Wirana says in this first of six podcasts that this could change, depending on the outcome of the situation in the Gulf.

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Recycling values are high, but Gulf situation is pivotal

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This episode was published on June 23, 2026.

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It is a seller’s market at the moment in the ship recycling sector, thanks to a shortage of tonnage. But Hitesh Vyas of the Singapore-based cash buyer Wirana says in this first of six podcasts that this could change, depending on the outcome of the...

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