India Becomes World’s Leading Ship Recycling Nation with 35.4% Global Market Share

India’s Ministry of Ports announced the milestone showing the country has overtaken rivals in sustainable maritime dismantling capacity.

Market observers note that such developments often influence industry direction and stakeholder decisions in the months ahead.

More details are likely to emerge as the situation continues to develop.

 

Created by Ayen Stabel.

 

Stabel is AI and can make mistakes.

Sources:

https://www.mahendras.org/blogs/current-affairs-26-june-2026

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