We have successfully purchased vessels specific to green ship recycling norms without a single hiccup and delivered them to end buyers that can reliably recycle it by complying to group owner specific audits diligently.
Alang in Gujarat is at the heart of the ship recycling industry in the Asian sub-continent.
There are about 120 yards out of which 70 are green ship recycling yards certified under HKC (Hong Kong Convention) compliance by different classification bodies such as: :- o Class NK o Rina Class o IR Class – Indian Register of Shipping
Yards at Alang are consistently improving to meet higher standards of green ship recycling.
Yards at Alang have a sea front of 30, 45, 60, 80 or 120 meters.
Priya Blue Industries Pvt Ltd was the first yard to be certified by Class NK under HKC ( Hong Kong convention ) compliance in Alang, India.
Priya Blue Industries Pvt Ltd was the first yard to be certified by Class NK under HKC ( Hong Kong convention ) compliance in Alang and audited by EU – SRR for white list inclusion for recycling EU flag ships.
Chattogram has about 120 yards. Out of the 50 operational yards, only 1 yard is certified by Rina Class of HKC compliance.
The market is dominated by non – green yards but are hopeful to be HKC compliant yards within the next 4 to 5 years.
Gadani has about 100 yards out of which approximately 40 are operational.
There are no green yards but a few ship recyclers have applied for HKC compliance and are positive on receiving the same.
Ship recycling in Turkey is carried out in an industrial zone that is state-owned and leased out to private companies. The yards are located in Aliaga, around 50 km north of Izmir on the Aegean coast in an area that hosts a large cluster of heavy industries.
The ship recycling zone was first established by a government decree in 1976. Most of the workers originally come from Tokat and Sivas in Eastern Turkey and have settled in Aliaga.
The Turkish ship recycling yards apply the so-called landing method. The bow of the vessel is grounded on the shore while the stern is still afloat. The blocks are then lifted by cranes onto a drained and impermeable working area. The yards do not resort to the gravity method, that is, dropping blocks into the water or onto the beach.
In 2018, two yards in Aliaga were approved and included in the EU List..
LEADING CASH BUYER OF SHIPS AND OFFSHORE ASSETS WORLDWIDE