india

India becomes world's top ship recycler with 35.4% global share in 2025

Published on: 22 Jun 2026, 07:54 PM

India became the world's leading ship recycling nation in 2025, achieving a key target under the Maritime India Vision (MIV) 2030 ahead of schedule, according to a United Nations Conference on Trade and Development (UNCTAD) report cited by the Shipping Ministry on Monday.

The Ministry of Ports, Shipping and Waterways (MoPSW) said that according to the latest UNCTAD report, India increased its share of global ship recycling activity to 35.4% in 2025 from 30.1% in 2024.

The country recycled 2.99 million gross tonnes (GT) of ships in the year, marking a nearly 60% increase from 1.86 million GT in 2024. The achievement reflects the impact of a series of maritime policy reforms and ease-of-doing-business initiatives undertaken by the government to strengthen the sector, it said.

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said India's emergence as the world's top ship recycling nation demonstrates the success of sustained policy reforms, industry participation, and adherence to international environmental and safety standards.

The MoPSW has introduced several measures to strengthen India's ship recycling ecosystem. These include the implementation of the Recycling of Ships Act, 2019, which aligns the sector with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships. India ratified the convention in 2019.

The government has also provided ₹53.5 crore in financial assistance to modernise ship recycling yards, enabling 115 facilities to become compliant with international standards. In addition, the Ship-breaking Credit Note Scheme offers incentives to ship owners by allowing them to use credits earned from recycling vessels towards the purchase of new ships built in Indian shipyards.

India is also pursuing the inclusion of its recycling facilities in the European Union's approved list of ship recycling yards. Meanwhile, plans are afoot to nearly double the capacity of the Alang ship recycling yard to about 9 million light displacement tonnes (LDT), further strengthening the country's position in the global market.

With more than 16,000 vessels expected to be recycled worldwide over the next decade, India is well placed to consolidate its leadership in sustainable and environmentally responsible ship recycling.

Source: The Hindu

Latest in India 10

india

Christian delegation raises church attacks with RSS in Kolkata; both sides seek probe

A delegation of the Bangiya Christiya Pariseba met RSS leader Jishnu Saha in Kolkata on November 4 to raise concerns over a wave of attacks on churches and Christian gatherings in several districts of West Bengal. The RSS functionary said dialogue would continue but flagged concerns about forced conversions, and both sides called for investigations into the violence and the allegations. Christian organisations say at least 60 such incidents were documented in the State between May and September this year.

The Hindu 05 Nov 2026, 04:44 AM

india

Delhi Police file FIR over child sexual abuse content as Meta comes under scrutiny

The Delhi Police have filed an FIR relating to child sexual abuse content online, a case stemming from a matter flagged by the National Human Rights Commission, which has placed Meta under fresh scrutiny. Key details of the FIR are not yet public, and the case is now under investigation.

Times of India 05 Nov 2026, 05:06 AM

india

Hong Kong activist Joshua Wong sentenced to 10 years in second national security case

Hong Kong activist Joshua Wong, 30, was sentenced to 10 years in prison on Thursday after pleading guilty to conspiracy to collude with foreign forces under the city's national security law — his second conviction under the legislation. The judge described the offence as grave, while critics say the case signals a hardening approach to dissent; Beijing and Hong Kong authorities defend the law as necessary for stability.

The Hindu 05 Nov 2026, 05:11 AM

india

Supreme Court: 24-hour production deadline starts at detention, not formal arrest

The Supreme Court has held that the 24-hour period to produce a detained person before a judicial magistrate begins at detention, not formal arrest. It said any artificial distinction between the two is constitutionally unsustainable. The court also ruled that fundamental rights of accused persons take precedence over special laws in cases involving trial delays and bail.

Times of India 05 Nov 2026, 05:30 AM

india

ISRO's NVS-03 settles into geosynchronous orbit after four engine burns; satellite healthy

ISRO said the NVS-03 navigation satellite reached its intended geosynchronous orbit on November 4, 2026, after four successful orbit-raising manoeuvres with a cumulative engine burn of 6,164 seconds. The satellite, launched by GSLV on October 30, is the third in India's next-generation navigation series meant to sustain the NavIC/IRNSS system, and carries an indigenous atomic clock as well as L1, L5 and S band signals. ISRO said the satellite's health is normal, a positive outcome after NVS-02 could not complete its planned orbit-raising in 2025 due to a valve malfunction.

The Hindu 05 Nov 2026, 05:34 AM

india

Tamil Nadu moves Supreme Court over Cauvery water, says Karnataka ignoring release order

Tamil Nadu told the Supreme Court on Thursday that Karnataka has not released Cauvery water since October 23, despite a Cauvery Water Management Authority direction to release 3,000 cusecs daily. Tamil Nadu's counsel warned that four lakh hectares of cropped land could be lost, and the court agreed to list the plea at an early date.

The Hindu 05 Nov 2026, 05:48 AM

india

Eight rescuers saved, two traced, one missing after boats capsize in Telangana's Peddacheruvu

Eight of the 11 rescue personnel whose boats capsized in the swollen Bethupalli Peddacheruvu in Khammam district were rescued by Thursday morning. Two more have been traced and are being brought to safety, while a search continues for one missing person. The rescue teams were attempting to evacuate five stranded fishermen when the incident occurred.

The Hindu 05 Nov 2026, 03:14 AM

india

US Sanctions Chandigarh Couple, Nine Firms Over Alleged Role in Iran's Shadow Fleet

The US Treasury has sanctioned a Chandigarh couple, nine linked Indian entities and a Turkish firm, accusing them of running a maritime fraud network that helped Iran's oil trade and airlines dodge American restrictions. Washington said the designations are part of its "Operation Economic Outcast" campaign, announced a day after US midterm elections. The accused have not been convicted of any offence, and no response from them or the Indian government was reported.

NDTV 05 Nov 2026, 03:17 AM

india

Sensex, Nifty Extend Gains as Wall Street Rally Lifts Sentiment; 24,200 Is the Level to Watch

Indian equity benchmarks closed higher on November 4, with the Sensex gaining 0.50 per cent to 77,301.40 and the Nifty rising 0.63 per cent to 23,960.60, helped by a sharp overnight rally on Wall Street. Analysts note the Nifty has recovered strongly from its October lows but now faces a key resistance zone at 24,000–24,200.

NDTV 05 Nov 2026, 03:23 AM

india

Centre proposes 10 new gateways for drug imports, Noida airport on the list

The Union Health Ministry has proposed adding ten entry points to India's authorised drug import network, including Noida International Airport and inland container depots in Haryana, Uttar Pradesh, Gujarat, Hyderabad and Bengaluru. The draft amendment to the Drugs Rules, 1945, is expected to help companies clear consignments closer to their warehouses and cut transport costs and delays. Objections and suggestions have been invited before the changes are finalised.

Times of India 05 Nov 2026, 03:34 AM

→ View All India News