An uncommon partner
for end-of-life tonnage.
DUX Ship Recycling is an independent ship recycling and demolition brokerage firm providing comprehensive brokerage and advisory services to shipowners, operators, insurers and maritime stakeholders worldwide.
Specialists in the sale & redelivery of vessels destined for recycling.
We offer end-to-end solutions that combine commercial brokerage, technical advisory, and direct cash buyer capabilities. Our role is to bridge the gap between shipowners, certified recycling yards, authorities and insurers — ensuring transactions are executed safely, transparently and in full regulatory compliance.
With hands-on experience in both EU and non-EU recycling frameworks, DUX supports vessels trading under various flags and operational conditions, including As-Is-Where-Is deliveries, damaged or arrested vessels, and time-sensitive demolition cases.
Our services extend beyond pure brokerage. We actively advise our clients throughout the entire process:
- Recycling strategy and yard selection
- Regulatory compliance and documentation
- Coordination with P&I Clubs, Classification Societies and authorities
- Risk assessment and transaction structuring
Where appropriate, DUX also acts as a direct cash buyer, allowing us to offer flexible commercial solutions and fast decision-making for complex or distressed tonnage. We maintain close working relationships with approved recycling yards mainly in Turkey, maritime authorities and industry partners — enabling reliable, practical and market-driven outcomes.
On the waterTechnical scrutiny at the hull line
Mission, vision & values.
Our mission
To deliver sustainable, transparent and fully-compliant end-of-life solutions for vessels — protecting client interests at every step of the process.
Our vision
To be the most trusted independent ship recycling broker — setting the benchmark for safety, transparency and environmental responsibility worldwide.
Our values
Reliability, transparency, environmental stewardship, technical rigour, and genuine partnership with every client and counterparty.
Boots on the dock, eyes on the hull.
Across cranes, terminals and tide — our brokerage operates where the steel meets the sea.
Over a decade of disciplined growth.
From a single Istanbul office in 2013 to a brokerage with 50+ recycling transactions — the milestones that shaped DUX.
DUX Ship Recycling founded in Istanbul
Boutique brokerage with a single office and a clear mission: bring transparency to the recycling market.
Successful recycling of a 25,000 DWT tanker
Our first headline-grade transaction — full P&I and class coordination, delivered ahead of schedule.
ISO 14001 Environmental Management System
Formal certification of our environmental management system — the foundation of every project since.
European & Asian market expansion
Active partnerships with shipowners and yards across Europe, the Middle East and Asia.
International Sustainable Maritime Award
Recognised globally for sustainable recycling practices and consistent transparent reporting.
A track record you can audit.
Ready to discuss your fleet?
Send us the basics — flag, type, LDT, location and intended timeline. You'll receive an indicative offer and recommended pathway within one business day.