India is the world’s leading destination for ship recycling in 2025, according to data cited from a UNCTAD report. India’s share of global ship recycling rises to 35.4% in 2025, up from 30.1% in 2024, the Ministry of Ports, Shipping and Waterways says. The reporting also attributes the change to an increase in the volume of ship recycling activity in India. Business Line and an ANI report both cite UNCTAD figures showing India’s ship recycling volume increases to 2.99 million gross tonnes (GT) in 2025, compared with 1.86 million GT in 2024—an increase of nearly 60%. The outlets describe India as ranking first globally for ship recycling in 2025. Overall, the sources converge on the same UNCTAD-referenced figures: India’s higher global market share and a substantial year-on-year rise in recycled tonnage.
India becomes the top ship-recycling destination in 2025, UNCTAD data shows
India is the world’s leading destination for ship recycling in 2025, according to data cited from a UNCTAD report. India’s share of global ship recycling rises to 35.4% in 2025, up from 30.1% in 2024,...
- UNCTAD data shows India’s share of global ship recycling increases to 35.4% in 2025 from 30.1% in 2024.
- India ranks first globally in ship recycling for 2025, according to the cited UNCTAD report.
- Ship recycling in India rises to 2.99 million gross tonnes (GT) in 2025.
- Ship recycling volume in India increases from 1.86 million GT in 2024 to 2.99 million GT in 2025.
- The figures are cited by India’s Ministry of Ports, Shipping and Waterways and reported by multiple outlets.
The Ministry of Ports, Shipping and Waterways said that according to the latest report by the UNCTAD, India increased its share of global ship recycling activity to 35.4% in 2025 from 30.1% in 2024
2 months agoBy Amit KumarNew Delhi [India], June 22 (ANI): India has emerged as the world's leading ship recycling nation in 2025, ranking first globally. India's share of global ship recycling increased to 35.4% in 2025 from 30.1% in 2024, 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 20
2 months agoThe UNCTAD report stated that ship recycling in India increased to 2.99 million gross tonnes (GT) in 2025, a nearly 60% rise from 1.86 million GT in 2024
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