NEW DELHI : India has emerged as the world’s leading ship recycling nation in 2025, ranking first globally. India’s share of global ship recycling increased to 35.4% in 2025 from 30.1% in 2024, according
COPENHAGEN : “Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market
As the drive to decarbonise shipping gains increasing momentum, and as incentives and pressure on shipowners to operate more efficient and greener ships mounts, a related spike in early retirement of ships difficult to
TOKYO : NYK Line has joined the Ship Recycling Transparency Initiative (SRTI), an information disclosure platform hosted by the Sustainable Shipping Initiative (SSI). SRTI is comprised of leading shipping companies, shippers and financial stakeholders.