The Economic Times

Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record low

Alang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to an all-time low in vessel arrivals. Shipowners are opting for repairs over demolition. This slowdown threatens the livelihoods of thousands directly and indirectly employed in the industry. The situation remains grim.