Latest Event

Shri Deepak Shetty Interviewed by Capt Virendra Mishra, The Shipping Tribune

View More

Ship Recycling

Ship-breakers’ profitability hit on falling scrap steel prices, weak rupee: CRISIL

The continuous fall in steel scrap prices coupled with depreciating trend in rupee value against the dollar will have hit profitability of domestic ship-breakers, ratings agency Crisil said in its report today.

In a span of 12 months, the local currency has depreciated 9 percent as on September 30, 2015, adding to the industry’s woes which […]

By |November 17th, 2015|Latest News, Local News, Ship Recycling|0 Comments

Improving working condition of ship breaking yards

With the ship breakers pledging to improve the working environment at the country’s shipyards, it is becoming clear – though belatedly — what clean and hazard-free ship yards mean not only for those working in the yards but also for manifold expansion of the industry. The pledge came at a recent meeting of a team […]

By |November 2nd, 2015|Latest News, Ship Building, Ship Recycling|0 Comments

Alang ship breakers slip with the rupee

There are concerns amid caretakers, workers and even bankers on Alang, till recently world’s largest site for breaking up and disposing old ships. Work has dwindled substantially and daily wages have declined from Rs 350 in better times to Rs 250.

A branch manager of a public sector bank says he doesn’t have much to do, […]

By |October 20th, 2015|Latest News, Local News, Ship Building, Ship Recycling, Shipping News|0 Comments

With eye on Japan, two ship-breaking yards in Gujarat tread ‘green’ path

Two ship-breaking yards from Alang in Gujarat have become the first ship recycling facilities in entire South Asia to be issued Statements of Compliance (SoC) by Japan’s leading classification society, ClassNK, for taking steps for safer and greener ship recycling.

These certification comes at a time when most shipbreaking yards at this recycling unit near Bhavnagar […]

By |October 13th, 2015|Latest News, Local News, Ship Building, Ship Recycling|0 Comments

Alang gets a boost as two ship recyclers win green compliance status

R. L. Kalthia Ship Breaking Pvt. Ltd and Priya Blue Industries Pvt. Ltd, two ship recycling yards located in Alang, Gujarat, have won compliance status with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, adopted by the International Maritime Organization (IMO) in 2009.

The statement of compliance (SoC) issued by […]

By |October 9th, 2015|Latest News, Local News, Ship Recycling|0 Comments

India’s Alang shipbreakers HK Convention-compliant, say Japanese shipowners

CONTRARY to vociferous environmental lobbies, the Japanese Shipowners Association (JSA) has found the Alang ship scrapping beaches of India to be compliant with Hong Kong Convention on ship recycling.

NGOs like BAN (Basel Action Network) are mostly concerned about toxic waste while the American Shipbreaking Platform, worries about the Indian workers facing on-the-job risks while promoting […]

By |October 5th, 2015|Latest News, Ship Recycling|0 Comments

India: Govt to scrap licensing of Indian ships

India-registered ships will no longer need to hold permits from India’s director general of shipping to operate, according to the draft of a new merchant shipping bill drafted by the government to make it easier for companies to do business.

The new bill, once cleared by Parliament, will replace the existing Merchant Shipping Act which was […]

By |September 2nd, 2015|Latest News, Local News, Ship Recycling, Shipping News|0 Comments

Shippers say scrap slow steaming, but owners fear excess capacity produced

THE fall in bunker prices to six-year lows is putting pressure on shipowners and operators to scrap fuel-saving “slow steaming”, a practice that took hold in 2007s.

But shipowners and operators are reluctant to comply because this would result in putting more tonnage on the market in a period of massive over supply and more mega-ships […]

By |August 27th, 2015|Latest News, Ship Recycling, Shipping News|0 Comments

Baltic Dry Index slips below 1000 points

The Baltic Dry Index, a gauge of global shipping rates often seen as a leading economic indicator, has slipped below 1,000 points, joining the downward journey of stocks, currencies and commodities worldwide.

On Friday, BDI, which tracks transport costs on international trade routes for dry bulk commodities such as coal and iron ore, fell to 994 […]

By |August 25th, 2015|Latest News, Local News, Ship Recycling|0 Comments

The Shipping Tribune Launches Mobile App

The Shipping Tribune is pleased to announce that Mobile App for Android users has been launched. The Shipping Tribune app for Android delivers the latest global Shipping & maritime news to keep you ahead of the curve. Access the most credible source for shipping news and information on the move with the Shipping Tribune App.

The […]