Ship Recycling: Market continues to struggle in India: BEST OASIS World’s leading cashThis week in the ship recycling market saw consistent challenges across regions, with demand largely stalled and activity slow. In India, the market continues to struggle under prolonged low demand and stagnant trends. With Diwali just around the [...]
The Arrival of Europe’s Ships Will Be Cleared in Alang 4 representatives of the European Union are conducting the final audit of Alang’s three shipyards Alang, India’s premier ship recycling hub, has long been a leader in dismantling end-of-life vessels. Now, as global environmental standards tighten and shipping companies look [...]
Singapore Brokers Launch ‘Bid For Green’ Platform to Revolutionize Ship Recycling Industry Singapore-based Star Asia Shipbroking has launched a new platform to modernise the sector in a move set to transform the way end-of-life ships are sold for recycling. The new entity, Bid For Green (BFG), is Star Asia’s founder [...]
Ship Recycling: India Hoping brief recovery: BEST OASIS This week, the ship recycling industry across key regions remained relatively stable, with most markets seeing little change from the previous week. In India, the market continues to follow a familiar pattern of brief recovery phases followed by downturns, reflecting ongoing volatility. [...]
Cash buyer GMS reports an eerie calm has descended across tense global economies including the needy ship recycling sector Global economic tensions have reached an unnerving point of stillness, according to GMS, a leading buyer in the cash shipping industry. This quiet comes in the wake of months of mounting [...]
Ship Recycling: India saw downward trend : BEST OASIS World’s leading Cash Buyer for Ships sending for Recycling BEST OASIS in their weekly Ship Recycling Report opined that this week in the ship recycling industry, India saw a downward trend in the market, with prices dipping as the Diwali festival [...]
The Ship Recycling Industry in India Poised for 10% Annual Growth by 2028: A New Era of Sustainable Dismantling India’s ship recycling industry, an essential part of the global maritime sector, is set to experience significant growth, with a projected compound annual growth rate (CAGR) of 10% by 2028. This [...]
India’s Ship Recycling Industry Sees Significant Growth Amidst Global Decline Mumbai: India’s ship recycling industry, a crucial player in the global maritime sector, is set for major growth, according to a report by CareEdge. In 2023, India’s share of the global ship recycling market rose to 33%, up from 27% [...]
Ship Recycling Market Faces Unprecedented Challenges Amid Geopolitical Crises According to GMS’ latest weekly ship-recycling report, the global ship-recycling market is facing severe disruptions as a combination of geopolitical tensions, escalating conflicts, and economic uncertainty impacts the availability of tonnage and the stability of pricing trends. The situation has intensified [...]
During next 10 years Global Ship Recycling Market is Expected to Increase Significantly The global ship recycling market is poised for significant growth between 2024 and 2034. Businesses across various sectors are increasingly realizing the importance of adopting effective ship recycling strategies as the digital marketing landscape continues to evolve. [...]
