Alang’s Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters Alang, India, boasts the world’s largest ship-breaking yards. But these once-bustling graveyards for giant vessels are now facing their worst slowdown in nearly a decade. The numbers speak for themselves. In 2023, just 136 ships arrived at Alang for their [...]
Alang Shipbreaking Industry Struggles Despite Government Support The Alang shipbreaking industry in Bhavnagar district, Gujarat, is facing a major crisis, despite significant efforts by the central and state governments. This industry, responsible for 98% of India’s ship recycling, is currently in a slump due to international factors beyond its control. [...]
Alang ship recycling position as on 16th March 2024 Disclaimer: Hey there! Just a heads-up: the stuff you find on this website is meant for general info only. We try our best to keep it accurate and up-to-date, but we can’t guarantee it’s always perfect. We’re not making any [...]
Ship Recycling market is facing a complex situation The ship recycling industry is currently facing a complex situation, with a lack of large vessels available for demolition and a mix of trends across key players like India, Bangladesh, Pakistan, and Turkey. Market Overview: A recent report by shipbroker Best Oasis [...]
Alang ship recycling weekly report as of 9th March [...]
Urgent Action Needed to Address Concerns Over Shipbreaking in Union Bay Two British Columbia ministers have called on the federal government to take immediate action regarding the Deep Water Recovery shipbreaking site in Union Bay. The ministers, Nathan Cullen (Water, Land and Resource Stewardship) and George Hayman (Environment and Climate [...]
Ship Recycling Market Remains Stagnant Despite Increased Demand for Scrap Vessels The ship recycling industry continues to struggle, despite an increase in demand for ships to be dismantled. This is according to a recent report by Best Oasis, the world’s leading cash buyer of ships. Market Stagnation Across Key Regions: [...]
Alang Shipyard Gears Up for Expansion Despite Declining Business India’s largest ship-breaking yard in Alang, Gujarat, is undergoing a significant expansion plan after nearly four decades of operation. This initiative aims to revitalize the industry and increase its capacity. Key Points of the Expansion Plan: Doubling Capacity: The Gujarat Maritime Board [...]
Ship Recycling: Downturn market in India: Best Oasis Worl’s leading cash buyers of ships sending for recycling, BEST OASIS opined in their weekly ship recycling market report that, the ship recycling markets across India, Bangladesh, Pakistan, and Turkiye are currently navigating through varying degrees of stagnation and cautious trading. In [...]
Ship recycling market update: Prices rise due to limited supply Good news for ship owners, bad news for recyclers: Ship recycling prices are going up because there are fewer ships available to be broken down. Here’s a breakdown by location: India: Prices are slightly up due to a modest increase in [...]
