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Ship Recycling: Domestic Pirates ruin the image of Alang Globally

Ship Recycling: Domestic Pirates ruin the image of Alang Globally

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 [...]

The Up and Down of Scrapping Old Ships: A Look at Trends in Merchant Ship Demolition

The Up and Down of Scrapping Old Ships: A Look at Trends in Merchant Ship Demolition

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's Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters

Alang’s Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters

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

Alang Shipbreaking Industry Struggles Despite Government Support

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. [...]

Developments in Ship Recycling Markets: Challenges and Silver Linings

Subcontinent Ship Recycling Market Status and Future Prospects

Subcontinent Ship Recycling Market Status and Future Prospects In the midst of expectations for a slowdown in the dry bulk and container sectors due to continuous deliveries and the upcoming Chinese New Year, GMS, the world’s leading purchaser of end-of-life ships, revealed insights in its recent report on the recycling [...]

Global Shipping Market Faces Challenge : GMS

Global Shipping Market Faces Challenge : GMS

World’s leading cash buyer for ships for recycling GMS predicted that, Global Shipping Market Faces Challenge In its latest weekly report, the Global Marketing System (GMS) sheds light on the prevailing anxiety and uncertainty within the ship-owning community, particularly among those with vessels navigating or passing through shipping lanes currently [...]

India's Steel Ministry Committee Rejects Proposal: Ship-breaking Steel Plates Not Fit for TMT Bars

India’s Steel Ministry Committee Rejects Proposal: Ship-breaking Steel Plates Not Fit for TMT Bars

India’s Steel Ministry Committee Rejects Proposal: Ship-breaking Steel Plates Not Fit for TMT Bars In a recent development, a committee established by India’s Steel Ministry has rejected the proposal to utilize ship-breaking steel plates for the production of TMT bars, also known as rebars. The decision was based on the [...]