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BANGLADESH SHIP RECYCLING
India eyeing Bangladesh’s top spot with perks for recycling dying shipsIndia is set to introduce 40 billion rupees in incentives to revitalise its shipbreaking industry and regain market dominance from Banglade...- India's ship recycling industry to grow to 3.8-4.2-million GT in 2025: ReportIndia'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...
- Indian ship recyclers' revenue seen rising 15% this fiscal: Crisil ratingsThe Indian ship recycling industry is expected to grow by 15% this fiscal, supported by increased availability of ageing vessels. Crisil ra...
- Domestic ship-breaking industry's revenue to rise by 10% this fiscal, says CrisilFurther, with India enacting the Recycling of Ships Act, 2019, and joining the Hong Kong International Convention (HKC), which sets the sta...
- Budget 2021: Ship Recycling capacity to double by 2024, generate 1.5 lakh jobsIndia has enacted Recycling of Ships Act, 2019 and acceded to the Hong Kong International Convention.
- After navigating pandemic shocks, MoPSW sets sail for Ramayana cruise, increased ship recycling worksFrom the shipping ministry being rechristened as Ministry of Ports, Shipping and Waterways (MoPSW) to initiatives for boosting inland water...
- Centre notifies DG Shipping as the National Authority for Ship RecyclingDG Shipping will look after the sustainable development of the ship recycling industry, monitoring the compliance to environment-friendly n...
- Director General of Shipping notified as National Authority for Recycling of ShipsAs an apex body, DG Shipping is authorised to administer, supervise and monitor all activities relating to ship recycling.
- Just sounds of waves breaking at Alang ship-breaking yardChittagong in Bangladesh and Alang in Gujarat are global leaders in the marine salvage industry, with the Indian facility having a clear ed...
- Shipbreaking at Alang grinds to a complete haltChittagong in Bangladesh and Alang in Gujarat are global leaders in the marine salvage industry, with the Indian facility having a clear ed...
- India eyes 60 per cent share of global ship recycling business; higher GDP contribution: MandaviyaCurrently, India recycles around 300 of the 1,000 ships which are demolished per annum globally. However, countries like Japan, Europe and ...
- Can a new ship-recycling law help India regain its status as the world’s top dismantler of vessels?India used to be the world leader in the industry before competition from Bangladesh became too hot to handle.
- India will have advantage over Bangladesh in ship recycling: Mansukh MandaviyaIndia’s accession to the Hong Kong International Convention (HKC) and the enactment of the Recycling of Ships Act, 2019, will certainly cha...
- Maersk Group plans to break ships at Alang Yard"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...
- EC proposal to legalise ship exports to Asia faces oppositionInstead of dumping ships abroad, the Commission has been told to respect its own laws and create good shipyard jobs at home.
- Indian supremacy in ship-breaking put to testShip recyclers are of the opinion that there is bound to be fierce competition between India, Bangladesh and Pakistan, the three competing ...
- Ship-breaking industry busy striving to maintain top formUndercurrents notwithstanding, the domestic players are busy working towards retaining current position as world's top ship-breaking nation.
- Slowdown at Alang yard pushes up scrap steel priceA 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.
- Bangla rules cut into shipbreakingShip 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...
- Shipbreakers from India, Pak and Bangla plan united frontRepresentatives of ship breaking communities of India, Pakistan and Bangladesh have decided to form a common front to oppose the new IMO-ma...
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