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

EMR Metal Recycling’s marine subsidiary, International Shipbreaking, has been awarded a contract to recycle a redundant US Navy guided-missile cruiser.

 

The USS Ticonderoga that retired in 2004, made its final journey to the Port of Brownsville, Texas, last week to be completely dismantled with 98pc of the material recovered set for recycling. The salvaging process will need full demilitarization of the whole vessel and is expected to be completed in 2021.

 

International Shipbreaking has three professional facilities located in Texas, New Orleans, and Louisiana. These providers have recycled over 400 ships and marine structures including USS Tripoli, USS Constellation, USS Ranger, and USS Independence. The USS Cape Florida and USS Charles F. Adams are currently being recycled.

 

EMR operates 150 global facilities with recycled scrap metal sales of about 10mn mt per year.

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