Alang Ship Recycling Industry Faces Historic Low Activity The shipbreaking industry in Alang, India, is experiencing a period of significant slowdown. This industry is vital to the economic well-being of Bhavnagar, and the current situation is causing uncertainty. Here’s a breakdown of the situation: Rock Bottom Numbers: Only 125 ships [...]
Alang ship recycling weekly report as of 9th March [...]
Gujarat’s 2024-25 State Budget Aims to Double Ship Recycling Capacity: Yet Implementation Remains Elusive The latest Gujarat state budget for the year 2024-25 has once again highlighted the ambition to double the capacity of Alang ship recycling yard. This goal has been reiterated for the past four years, but actual [...]
Alang ship recycling position as on 23rd January 2024 [...]
Ship Recycling Sinks: Indian Market Grapples with Unprecedented Downturn World’s leading cash buyers for the ships to be sent for recycling BEST OASIS opined that, Indian market is currently experiencing a significant downturn The ship recycling market experienced significant volatility throughout the year, with various locations witnessing fluctuating trends. There [...]
