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Business is booming at the cruise ship boneyard

Tuesday, 29 September 20203 min read
Business is booming at the cruise ship boneyard

As the cruise ship market remains in crisis, the Turkish ship recycling industry is experiencing a boom. Cruise lines are selling off ships at an unprecedented rate but for older vessels, it means a one-way trip to the scrapyard.

The ship wreckers at Aliaga are on track for their best ever year since the Global Financial Crisis. They are predicting a haul of nearly a million tons of scrap metal this year.

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