Ship Recycling at Alang in dilemma: Only 6 ships beached during September 2024 South Asia dominates the global shipbreaking industry, accounting for a staggering 80 per cent of the sector, with India’s Alang shipbreaking yard at the forefront. However, the last two years have presented significant hurdles for this once-thriving [...]
Alang Ship Recycling Has Improved in the Last Decade Alang, located on the western coast of India, has been the largest shipbreaking yard in the world for decades. Stretching over 10 kilometres along the Gulf of Khambhat, it has long been a hub where old ships from all over the [...]
Government Reliefs Revitalize Alang’s Ship Recycling Industry: CM Bhupendra Patel to be Honored in Ceremony In a significant move to rescue Alang’s ailing ship recycling industry, both the Central and State Governments have rolled out a series of economic and regulatory relief measures. These measures aim to breathe new life [...]
Alang-Sosiya: The Once-Thriving Hub of Ship Breaking Faces Unprecedented Crisis Nestled along the coast of Gujarat’s Bhavnagar district, Alang-Sosiya has long been a symbol of industrial might, known worldwide as the largest stretch of ship-breaking beaches. For decades, these shores were a bustling epicentre of activity, with ships from around [...]
Ship Recycling Industry on Hold Amidst Global Turmoil: GMS According to cash buyer GMS, the global ship recycling industry is facing unprecedented challenges as a perfect storm of geopolitical tensions, economic instability, and currency fluctuations wreaks havoc on the market. In a stark assessment of the current climate, GMS has [...]
Alang Yards Invest for HKC Compliance: Hoping to Regain Footing in Global Market Alang, Gujarat – Several shipbreaking yards at the infamous Alang facility in India have announced significant investments towards achieving compliance with the Hong Kong Convention (HKC) for safe and environmentally sound ship recycling. This move comes amidst [...]
Ship Recycling Industry at a Crossroads: Low Rates and Environmental Concerns Prompt Call for Innovation The ship recycling industry is facing a period of significant change. According to Bimco, a trade association, a mere 2 million deadweight tonnes (dwt) of ship capacity were dismantled in the first quarter of 2024. [...]
Alang Ship Breaking: Setting the Safety Standard in South Asia Alang, a coastal town in the Indian state of Gujarat, has long been a hub for shipbreaking activities. It stands out not only as one of the largest ship-breaking yards in the world but also as a leader in safety [...]
Alang ship recycling weekly report as on 30th June [...]
Ship Recycling: The Indian market facing vessel shortage undermines buyers’ competitiveness The ship recycling industry faced a challenging landscape this week. In India, the market is experiencing a significant downturn, with minimal demand and a shortage of vessels, leading to a standstill in new deals and weakening international competitiveness. In [...]
