
Dark Fleet Demolition Provides Unexpected Boost for India’s Struggling Shipbreaking Industry
14 days ago
The shipbreaking industry in India is witnessing a revival, thanks in large part to what’s being termed the "dark fleet" — a collection of aging vessels that have been banned from operating in various global waters but are still making their way to scrapyards. In recent months, this influx of decommissioned ships, primarily owned by companies that often operate outside of regulatory boundaries, has become a lifeline for local scrapyards, which have faced hardships in recent years due to declining demand and stringent environmental regulations.
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