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INDIA SHIP RECYCLING
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...
- Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
- 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...
- Hindalco sees 5% rise in raw material costs, stays confident on key customersHindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novel...
- 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...
- 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...
- Odisha advances industrial push with Rs 3,877 crore infusionThese investments span advanced manufacturing, green industries, healthcare, and tourism, reinforcing the state's industrial growth and eco...
- 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.
- 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.
- India may adopt Hong Kong convention for green ship recyclingThe government plans to nearly double India’s ship-recycling capacity by 2024 to about nine MnGT.
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