Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Carnival Corporation conveyed two of its retired ships, Fantasy, and Inspiration, to Turkey for recycling in support of its commitment to safeguarding the environment. 


Fantasy and Inspiration are two of the largest cruises in the industry, with a carrying capacity of 70,637gt. The move comes after Carnival announced its plans to dispose of 15 ships this year, due to heavy losses caused by the COVID-19 pandemic. In July, Carnival scrapped its Costa Victoria cruise at an Italian scrapyard. 


Carnival has appointed recycling specialists Ege Celik and Simsekler to dismantle the ships. It also worked with Bellona Foundation, a global environmental firm based in Oslo, Norway, and a Dutch ship recycling specialist Sea2Cradle, to devise a method for dismantling and recycling the ships.


Bill Burke, chief maritime officer for Carnival said the move is in line with the European Ship Recycling regulations that support the reuse and recycle of large ships and Carnival’s sustainable industry commitment. 


Sea2Cradle expects that a considerable portion of materials from both ships will be salvaged. Normally steel and ferrous scrap metal make up about 75-80pc of this type of ship’s formation, among the overall, average gross tonnage of 100,000-150,000mt, in general. Material recovered from the project will be directly recycled or sent to steel mills.

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