+
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
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?