The EU has proposed forming a joint working group to drive the next phase of this partnership. India and the EU have reaffirmed their commitment to closer cooperation in sustainable ship recycling, expressing confidence in the progress made toward including Indian facilities under the European Union Ship Recycling Regulation (EUSRR). On Wednesday, Union Minister for...
Tag: ship recycling
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India Surges to Global Leadership in Ship Recycling with 35% Market Share
India’s ship recycling sector expanded to 2.99 million gross tonnes (GT) in 2025, nearly 60 per cent higher than 1.86 million GT in 2024, achieving the Maritime India Vision 2030 target of global leadership well ahead of schedule. India has emerged as the world’s leading ship recycling nation in 2025, ranking first globally, according to...