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INDIA SHIPBREAKING INDUSTRY
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 ...- 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...
- 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...
- 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...
- 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.
- Ship-breaking players to profit due to pressure on shipping industryWith the revival of steel demand and increasing supply of shipping vessels for scrapping, the ship-breaking companies in India, Bangladesh ...
- Gujarat comes out with policy to help Alang ship-breaking industryFinance Minister Saurabh Patel said the state government and Gujarat Maritime Board formulated the policy to promote the industrial activit...
- 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.
- Dawood Ibrahim uses ship business to smuggle drugs, armsDawood Ibrahim and his aides have a major stake in the multimillion-dollar ship-breaking industry in India, according to a report.
- Alang ship-breakers face Rs 2,000-cr hit from Rupee fallShip-breakers are likely to bear a total loss of Rs 2,000 crore for the fiscal year as the rupee fell by over 18% in the last seven months.
- Alang Shipbreakers fear GMB rate revision could harm India playIndian shipbreaking activities , though, have registered an encouraging performance during the first six months of the calendar year, India...
- Shipbreakers plan to oppose ratification of IMO conventionIndian efforts to approve and ratify the latest International Maritime Organisation convention on ship recycling, which, according to the a...
- Scrap from Alang may bring down steel pricesThe increasing ship-breaking activity at the country’s largest ship-breaking yard, Alang, may cause a fall in steel prices, with hundreds o...
- Shipbreaking set for healthy turnaround amidst gloomAmid gloomy figures and stats, panning every sector, Shipbreaking industry is up and is expected to post a remarkable turnaround this fisca...
- Ship-breakers desert Alang yardThe hands that used to work on mammoth ocean liners and crude carriers and generated revenues worth Rs 80,000 crore till 2008 in one of the...
- SBI board okays pension benefit to SBS employeesThe State Bank of India (SBI) board has decided to provide pension benefit to employees of State Bank of Saurashtra.
- Blue Lady's fate uncertain as activists to challenge SCThey say the recent court order violates its earlier ruling against such ships.
- India to press for stricter norms on ship-breakingIndia refuses to be a dump yard for hazardous ships. During the forthcoming inter-sessional working group meeting at the International Mari...
- Norwegian liner `Blue Lady’ to light up shipbreaking in AlangAlang is expected to gain immensely from the ship’s beaching. It will bring in a revenue of Rs 25 crore into state government’s kitty in ta...
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