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Theft on container ship off Alang
At the Alang ship recycling yard on the Bhavnagar coast, Gujarat, the Shree Ram Vessel Scrap Pvt Ltd. (SRVSPL), filed a police complaint alleging a loss of Rs 45 lakh worth of equipment stolen from the 'DV Erica', which had been brought in from Abu Dhabi for dismantling. According to the complaint filed with Alang Marine police station, the theft was believed to have occurred on March 23, 2024, at around 5 a.m. The ship was anchored in the designated waiting area at the outer anchorage after having been towed from Abu Dhabi. When workers boarded the ship for inspection on the morning, they discovered signs of a break-in. Two ropes were found dangling from the stern of the ship, suggesting the thieves used them to climb aboard.
European Commissions audits Shree Ram Group recycling yard
Shree Ram Group said Thursday the European Commission has audited its recycling yard at Alang in Gujarat for the inclusion in the EU list of approved ports. The facility is among the first Indian yards audited by the European Commission and its inclusion in the EU list could help accelerate the transformation underway in the ship recycling industry in India, the company said in a statement. The European Commission (EC) visited Alang to assess two of the 11 Indian yards which have applied to be included in the EU list of yards where EU-flagged vessels can be dismantled.
Tanker Recycling on Record-Breaking Year
The decommissioning of a significant part of the tanker fleet is about to alleviate the current oversupply issues, as evidenced by the record-breaking pace of demolition activity this year. In its latest weekly report, Clarkson Platou Hellas commented that “with the end of an eventful week in Athens for the bi-annual Posidonia, Owners, Cash Buyers and other industry players were able to come together and discuss what has been an active first half of the year in the recycling market. With the main topic of discussion still being tanker units, it currently looks to be a record year for tanker recycling and many questions and discussions were being raised for this sector which should ensure the supply for these types of units to continue and interestingly, the topic of ‘green recycling’ was evident.
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