ship-breaking

Singh said the firm has a lot of taxation work among its mandates and that Ahmedabad will help focus on its coal import matters and work from the ship breaking industry. Vagish Singh commented: “For us Mumbai and New Delhi offices are on the cards as well but many of our clients who are based in ...

After the man recovered, the couple went with him to Alang, near Bhavnagar, which is the centre of ship-breaking in India. There, the '1952 Manila Princess', which had been a floating casino in the Philippines was being dismantled. So, Srinivas bought a lot of teakwood at a very competitive price. Then, a ...

Alang-Sosiya is the largest ship-breaking yard in India, where on average between 30 percent to 40 percent of the world's ships are sent to be dismantled every year. The sprawling ship yard brings in nearly a billion dollars a year for India. But the industry has been criticized as a form of "toxic colonialism" ...

Elaborating the thought behind it, he says, “When I had gone to Alang, the ship breaking yard in Gujarat, I witnessed the whole process of how a ship is dismantled and was fascinated by it. I saw builders breaking a ship that was as high as 10 storeys and its remains were beautiful. I have tried to depict that ...

In the other main ship breaking regions, namely China and Turkey, there was also a considerable improvement in their offered prices, but not to the same extent as those noted in the Indian Sub-Continent, further increasing as such the price gap. Moreover, this gap has widened further in 2018, with the ...

The Netherlands-based shipowner Seatrade has faced criminal charges from a local public prosecutor as part of a case alleging that the company has been engaging in illegal scrapping practices. Seatrade has allegedly sold vessels to scrap yards in countries that undertake ship breaking practices that ...

A vessel named Spring Bear apparently ran aground in 2012 on Alang beach, in the western Indian state of Gujarat which became a major worldwide centre for ship breaking. Spring Bob apparently finally came ashore in Bangladesh, while two others, Spring Panda and Spring Delia, were demolished in ...

A group of leading ship owners, investors, and NGOs has today officially launched the Ship Recycling Transparency Initiative in a bid to crack down on environmentally irresponsible ship-breaking practices that continue to dog the global shipping industry. Backed by Forum for the Future, the Sustainable ...