The world's longest serving warship was decommissioned by the Indian Navy four years ago. It is being dismantled with the help of around 30...

“There is no labour for loading, unloading and ship cutting. Imagine running this labour intensive unit with just 30% of workers,” said Har...

Chittagong in Bangladesh and Alang in Gujarat are global leaders in the marine salvage industry, with the Indian facility having a clear ed...

With the revival of steel demand and increasing supply of shipping vessels for scrapping, the ship-breaking companies in India, Bangladesh ...

The bone of contention between the industry and the revenue department is whether ship breaking is a manufacturing activity and can excise ...

"This was flagged in our April 2014 report titled, Shipbreakers weather Rs 700 crore forex loss, yet continue to sail unhedged."

The shipping industry is expected to see a downtrend in demand through to 2017-18, according to Sefine Shipayrd's Gungor.

The shipping market is weak and it is wise to replace older and inefficient vessels, said delegates at SeaAsia, a three-day conference and ...

Ship recyclers are of the opinion that there is bound to be fierce competition between India, Bangladesh and Pakistan, the three competing ...

Undercurrents notwithstanding, the domestic players are busy working towards retaining current position as world's top ship-breaking nation.

Ship-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.

A sharp decline in scrap steel prices has adversely impacted domestic ship breaking activities.

Indian ship breaking industry, which lost out to Bangladesh its No 1 position a few years back, has yet not got over the harrowing times.

The 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...

Alang in Gujarat is swinging back to life. Once world’s largest ship demolition centre, now a marginal player, Alang is slowly breathing li...

India refuses to be a dump yard for hazardous ships. During the forthcoming inter-sessional working group meeting at the International Mari...

Alang 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...