Ship recycling prices strengthen in India amid firm steel market
Ship recycling prices in India have shown signs of improvement, supported by recent policy measures and steady domestic steel demand, even as vessel availability remains
Ship recycling prices in India have shown signs of improvement, supported by recent policy measures and steady domestic steel demand, even as vessel availability remains
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships comes into force from 26 June 2025, marking a significant milestone
Over the next ten years, ship recycling is predicted to more than treble, with an estimated 16,000 ships—or 700 million deadweight tons (DWT)—being demolished worldwide.
Ocean Network Express (ONE) has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI), reinforcing its
Alang-Sosiya in Gujarat’s Bhavnagar district–home to the world’s largest stretch of ship-breaking facilities–beached 113 ships for recycling in FY25, the lowest in a decade. The
The Indian Union Budget 2025 takes a significant step in recognizing ship recycling as a key contributor to the circular economy. The introduction of Credit
As environmental consciousness surrounding ship recycling continues to grow, an increase in ships arriving at India’s recycling yards is anticipated. Ship recycling is an environmentally
The Odisha government announces support for a Rs 4,000-crore ship recycling hub near Paradip port, two new ports at Inchuri and Bahuda with private sector
Prior to the Hong Kong International Convention (HKC) for safe ship recycling being enforced in June 2025, BIMCO established the Ship Recycling Alliance. Dr. Nikos
Ship recycling prices in India have shown signs of improvement,
The Hong Kong International Convention for the Safe and Environmentally
Over the next ten years, ship recycling is predicted to
Ocean Network Express (ONE) has advanced its Green Strategy by
Alang-Sosiya in Gujarat’s Bhavnagar district–home to the world’s largest stretch
The Indian Union Budget 2025 takes a significant step in
As environmental consciousness surrounding ship recycling continues to grow, an
The Odisha government announces support for a Rs 4,000-crore ship
Prior to the Hong Kong International Convention (HKC) for safe
