Ship Recycling Market under Strain as Geopolitical Factors Weigh on Economics
By Mr. Rakesh Khetan, CEO, Wirana Shipping The global ship recycling market is moving into a more difficult quarter, with rising costs, rising steel prices, possible slowdown in local steel demand, energy shortages and
ClassNK certifies its first Hong Kong Convention–compliant ship recycling facility in Pakistan
TOKYO: ClassNK has certified Salam’s International, a ship recycling facility in Pakistan, as the first facility in the country to be certified by ClassNK for compliance with the Hong Kong International Convention for ship
SDHI takes on key offshore vessel project at Pipavav
PIPAVAV : Swan Defence and Heavy Industries Limited will complete five offshore support vessels for San Maritime India Pvt. Ltd. at its Pipavav shipyard. The vessels have entered dry dock for completion under Indian
China’s shipbuilding sector maintains global leading position in 2025
China’s shipbuilding industry maintained the world’s largest market share in terms of three major indicators for the 16th consecutive year in 2025, according to data released by the Ministry of Industry and Information Technology
India set to import German AIP Submarines in $8 Billion deal after 10 years
NEW DELHI : Germany and India are reportedly poised to sign a deal worth over $8 billion for the supply of six SSKs (Submersible Ship Hunter-Killer) submarines, with transfer of technology, during Chancellor Friedrich
Ship Recycling Prices improving in India
NEW DELHI: The ship recycling market in India has shown some strength in these early days of the year. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said
GRSE builds on export push as second MPV reaches keel-laying milestone
KOLKATA : As a mark of its commitment towards the “Make in India, Make for the World” vision, Garden Reach Shipbuilders and Engineers (GRSE) Ltd laid the keel for the second vessel of Multi-Purpose
Alang Ship recycling yard emerges as Gujarat’s Global Green Maritime hub ahead of Vibrant Gujarat Conference
GANDHINAGAR : The Alang-Sosiya Ship Recycling Yard in Gujarat is being positioned as a global benchmark in sustainable maritime practices, as the state prepares to showcase its achievements at the upcoming Vibrant Gujarat Regional