Alang Ship Recycling Yards Face Crisis as Demand Plummets

23 Aug 2024 CW Team

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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..