Alang Ship Recycling Yards Face Crisis as Demand Plummets
PORTS & SHIPPING

Alang Ship Recycling Yards Face Crisis as Demand Plummets

Alang's ship recycling yards, a crucial part of India's maritime industry, are facing a significant crisis due to a sharp decline in demand. These yards, which play a vital role in the global shipbreaking industry, are struggling with reduced business activity, leading to economic difficulties for many stakeholders.

The downturn is attributed to several factors, including fluctuating global steel prices, stricter environmental regulations, and reduced shipping activity. As a result, ship owners are opting for more sustainable and cost-effective recycling solutions, impacting the volume of ships sent to Alang for dismantling.

This decline in demand is affecting local economies dependent on ship recycling, including those involved in labour, transportation, and materials supply. The situation has raised concerns about job losses and financial instability within the sector.

Efforts are underway to address these challenges, with industry stakeholders calling for policy adjustments and support to revitalise the ship recycling business. The focus is on enhancing environmental practices and improving market conditions to attract more business to Alang's ship recycling yards.

The current crisis highlights the need for strategic changes to ensure the long-term viability of the ship recycling industry in Alang, which remains a significant player in global shipbreaking despite the recent downturn.

Alang's ship recycling yards, a crucial part of India's maritime industry, are facing a significant crisis due to a sharp decline in demand. These yards, which play a vital role in the global shipbreaking industry, are struggling with reduced business activity, leading to economic difficulties for many stakeholders. The downturn is attributed to several factors, including fluctuating global steel prices, stricter environmental regulations, and reduced shipping activity. As a result, ship owners are opting for more sustainable and cost-effective recycling solutions, impacting the volume of ships sent to Alang for dismantling. This decline in demand is affecting local economies dependent on ship recycling, including those involved in labour, transportation, and materials supply. The situation has raised concerns about job losses and financial instability within the sector. Efforts are underway to address these challenges, with industry stakeholders calling for policy adjustments and support to revitalise the ship recycling business. The focus is on enhancing environmental practices and improving market conditions to attract more business to Alang's ship recycling yards. The current crisis highlights the need for strategic changes to ensure the long-term viability of the ship recycling industry in Alang, which remains a significant player in global shipbreaking despite the recent downturn.

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement