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GLOBAL SHIP RECYCLING
Union Minsiter Sonowal inaugurates Goa's new Captain of Ports Terminal building, announces phase-I priority for Goa water metroUnion Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal, in Panaji on June 27, inaugurated Goa's new Captain of Ports Te...- India emerges as world's top ship-recycling nation in 2025The country's share in global ship recycling surged to 35.4% in 2025, with a significant increase in recycled tonnage. This achievement, ex...
- India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
- India becomes world's largest ship recycling nation ahead of 2030 targetIndia has surged to become the world's leading ship recycler, surpassing its Maritime India Vision 2030 target. Ship recycling volume jumpe...
- Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...
- Reactor reboot at world's largest nuclear plant highlights flaws in Japan's radioactive waste plansJapan has restarted its largest nuclear power plant to meet energy demands. However, the nation faces a critical challenge: a severe shorta...
- India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
- 'Seriously concerned': Quad joint statement flags water cannons, blocked ships in South and East China SeasIndia, US, Japan, and Australia foreign ministers met in New Delhi. They voiced serious concerns over the South China and East China Seas. ...
- Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...
- Aluminium prices near record high: What’s driving the rally?Aluminium prices are trading near multi-year highs due to persistent structural supply tightness, not temporary factors. Stricter environme...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Ahead of Market: 10 things that will decide stock market action on WednesdayDomestic equities closed marginally lower due to weakness in financial and consumer shares, despite gains in IT stocks. Analysts suggest th...
- Ashish Kacholia-backed smallcap stock tanks 34% in just two sessions. What’s behind the selloff?Jain Resource Recycling shares plunged up to 19% after reporting operational disruptions caused by Iran–Israel geopolitical tensions, which...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators sugge...
- Why are copper prices near high and will the momentum continue?Copper prices remain near record levels, supported by AI-driven data centre demand, global electrification, tight mine supply and geopoliti...
- 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...
- India aspires at least 50 pc of global ship recycling business: MandaviyaThe country's share in the global ship recycling business is around 30 per cent at present. He said the maritime sector in India is being p...
- 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.
- 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.
- 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 ...
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