FacebookTwitterEmailLinkedin In its latest weekly ship recycling report, GMS outlines how the abrupt end of the Iran–US conflict, the reopening of the Strait of Hormuz, and the sharp reversal in oil and freight markets are rapidly reshaping dynamics while setting the stage for a delayed but imminent surge in recycling candidate flow. According to GMS, the war is over as the United States and Iran have signed an interim peace agreement. President Trump announced the breakthrough from Air Force One en route to the G7 summit at Evian, authorising the strait to open and the US naval blockade to lift, and telling the world’s shipowners, “Ships of the World, start your engines.” RelatedNews ECSA and ICS: Key gaps between EU Ship Recycling Regulation and Hong Kong Convention SSI calls for regulators to break HKC–Basel Ship recycling deadlock var jnews_module_21376329_0_6a3918b004ed3 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21376329","include_category":"","exclude_category":"","include_author":"","include_tag":"1974,568,3317","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2"