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RECYCLING OF SHIPS ACT
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 ...
- 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...
- Union Budget 2025: Indian shipping gets a budget bonanzaUnion Budget 2025: The Budget 2025-26 has introduced incentives for domestic shipbuilding, recycling, and inland waterways. Finance Ministe...
- Merchant shipping law recast in works to do away with jail termThe move is in line with the government's initiative to clean up the statute book of redundant and old laws or provisions that have over th...
- Shipping ministry sets up panel to firm up plan to start Karaikal-Kankesanthurai ferry serviceThe Puducherry government has been directed to obtain necessary clearances from the Ministry of Home Affairs and other relevant central gov...
- 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...
- 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: Inefficient ports to see private participation, but exporters say present struggle across logistics will continueWhile Finance Minister Nirmala Sitharaman announced private partnership initiatives for major ports to improve efficiencies, exporters rue ...
- 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.
- 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...
- 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...
- Bill proposes Rs 10 Lakh penalty for violation in ship recyclingThe provisions relating to inventory on hazardous material are not applicable for warships, non commercial ships operated by the government...
- 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.
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