
India Plans 16,000 Ship Recycling Push In 10 Years
India is preparing a major ship recycling expansion, with a target to recycle nearly 16,000 ships over the next decade alongside an $8 billion financial

India is preparing a major ship recycling expansion, with a target to recycle nearly 16,000 ships over the next decade alongside an $8 billion financial

India’s ship recycling sector moves closer to EU market access, with over 30 yards in the pipeline India and the European Union have taken a

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

India is preparing a major ship recycling expansion, with a

India’s ship recycling sector moves closer to EU market access,

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