India becomes world’s top ship recycling nation in 2025 with 35.4 pc market share: Ministry

Key Topics in this News Article:
News Snapshot:

New Delhi, June 22 India has emerged as the world’s leading ship recycling nation in 2025, capturing 35.4 per cent market share of global ship recycling in 2025 up from 30.1 per cent in prior year, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD). Ship recycling in India rose significantly to 2.99 million gross tons (GT) in 2025, up nearly 60 per cent from 1.86 million GT in 2024, an official statement said. With this achievement, the target set under Maritime India Vision (MIV) 2030 to become the world’s leading ship recycling nation…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form