We Buying Any Kind of Ship Scrap. Second-Hand Shipbreaking is a type of ship disposal involving the breaking up of ships for either a source of parts, which can be sold for re-use or for the extraction of raw materials, chiefly scrap. It may also be known as ship dismantling, ship cracking, or ship recycling. Modern ships have a lifespan of 25 to 30 years before corrosion, metal fatigue and a lack of parts render them uneconomical to run. Second Hand Shipbreaking allows the materials from the ship, especially steel, to be recycled and made into new products. This lowers the demand for mined iron ore and reduces energy use in the steelmaking process. Second Hand Ship Breaking Equipment on board the vessel can also be reused. While ship breaking is sustainable, there are concerns about the use of poorer countries without stringent environmental legislation. It is also considered one of the world’s most dangerous industries and very labor-intensive.