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INDIAN SHIP RECYCLERS
India aims to recycle 16,000 ships in next decade: Union Minister SonowalIndia is set to recycle approximately 16,000 ships in the coming decade, backed by an $8 billion financial commitment. Over 30 Indian ship ...- Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
- Delhivery’s Barua bets on consolidation; Amazon, Flipkart’s qcomm price warHappy Monday! Delhivery CEO Sahil Barua told us in an interview that the logistics sector is likely to see more consolidation. This and mor...
- 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 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...
- Several red flags emerge as SpaceX IPO hawks Elon Musk's Mars dreamSpaceX's bold Mars vision faces scientific doubts. Experts highlight engineering challenges and human biology unknowns. Colonizing Mars pre...
- 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. ...
- 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...
- Odisha planning ₹4,000-crore ship recycling hub near Paradip port, says top officialThe Odisha government announces support for a ₹4,000-crore ship recycling hub near Paradip port, two new ports at Inchuri and Bahuda with p...
- 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...
- 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 ...
- Ships Recycling Bill sails through in Rajya SabhaThe Bill, passed by the Lok Sabha last week, will make for India’s accession to the Hong Kong Convention that enlists environmentally sound...
- Two Indian ship recycling yards selected for EU auditThe Indian ship recycling industry has typically followed substandard practices which dissuaded ship owners from using their services.
- 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.
- 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.
- India ahead of IMO on ship recycling normsInternational Maritime Organisation (IMO) appears to be following the Indian course in fixing norms for the regulation of the ship recyclin...
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