India's share in the global recycling industry remained around 27 per cent in the past, before increasing to around 33 per cent in CY22 and...

The Indian ship recycling industry is expected to grow by 15% this fiscal, supported by increased availability of ageing vessels. Crisil ra...

India has enacted Recycling of Ships Act, 2019 and acceded to the Hong Kong International Convention.

From the shipping ministry being rechristened as Ministry of Ports, Shipping and Waterways (MoPSW) to initiatives for boosting inland water...

DG Shipping will look after the sustainable development of the ship recycling industry, monitoring the compliance to environment-friendly n...

As an apex body, DG Shipping is authorised to administer, supervise and monitor all activities relating to ship recycling.

Chittagong in Bangladesh and Alang in Gujarat are global leaders in the marine salvage industry, with the Indian facility having a clear ed...

Currently, India recycles around 300 of the 1,000 ships which are demolished per annum globally. However, countries like Japan, Europe and ...

India used to be the world leader in the industry before competition from Bangladesh became too hot to handle.

India’s accession to the Hong Kong International Convention (HKC) and the enactment of the Recycling of Ships Act, 2019, will certainly cha...

"The Maersk Group’s policy is to only recycle ships responsibly. Until recently, this was only feasible in a limited number of yards in Chi...

Instead of dumping ships abroad, the Commission has been told to respect its own laws and create good shipyard jobs at home.

Ship recyclers are of the opinion that there is bound to be fierce competition between India, Bangladesh and Pakistan, the three competing ...

Undercurrents notwithstanding, the domestic players are busy working towards retaining current position as world's top ship-breaking nation.

A slowdown at the country’s largest ship-breaking yard, Alang, has pushed up scrap steel prices by Rs 1,000 per tonne in two weeks.

Ship demolition sales in the year to date are just half of the total volume scrapped last year, with only 17.9m dwt removed from the global...

Representatives of ship breaking communities of India, Pakistan and Bangladesh have decided to form a common front to oppose the new IMO-ma...