Alang eyeing on MSC’s 45 old Ships The world’s largest shipping company, Mediterranean Shipping Company (MSC), has brought a wave of optimism to the Alang shipbreaking yard in India. In a move that could revitalize the struggling facility, MSC has announced plans to send 45 of their older vessels to [...]
Ship Recycling Heats Up in South Asia: But Concerns Linger Busy Week for Subcontinent Recyclers This past week brought a surprising turn of events for ship recycling yards in India, Pakistan, and Bangladesh. According to cash buyer GMS, there was a sudden increase in activity compared to recent weeks, measured [...]
Ship Recycling: Domestic Pirates ruin the image of Alang Globally Ships destined for scrapping at the world-famous Alang Ship Recycling Yard are looted in the Gulf of Khambhat and have international ramifications. Shipowners ship a dead vessel in a sloop. An average dead vessel is plundered by native pirates in [...]
Alang Shipyard Faces Setback as Pirates Steal From Incoming Container Ship A major setback has hit the Alang ship recycling yard on the Bhavnagar coast, Gujarat, after a company reported a theft by pirates. Shree Ram Vessel Scrap Pvt Ltd (SRVSPL), known for dismantling India’s iconic aircraft carrier INS Viraat, [...]
The Up and Down of Scrapping Old Ships: A Look at Trends in Merchant Ship Demolition This article dives into the world of merchant ship scrapping, exploring the recent slowdown in activity and what the future holds. Low Scrapping Volumes in Recent Years Since 2018, there’s been a surprising trend: [...]
Alang ship recycling position as on 11th February 2024 [...]
Alang ship recycling position as on 23rd January 2024 [...]
A Sharp Plunge in Product Tanker Recycling in 2023 Signals Industry Shifts By BIMCO In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at product tanker recycling activity which dropped to its lowest level on record in 2023, partly due to strong earnings, [...]
Unlocking the Potential of Ship Recycling: Navigating Challenges and Opportunities The overlooked sector of ship recycling holds the potential to play a pivotal role in the shipping industry’s journey towards decarbonization. However, despite this potential, the industry has faced challenges, particularly concerning the uncertainty surrounding the fuels needed to comply [...]
Alang Ship Recycling Weekly Report as on 30th December 2023 [...]
