The government plans to nearly double India’s ship-recycling capacity by 2024 to about nine MnGT and is likely to follow the Hong Kong convention to meet ship recycling prospects, reports the Economic Times.
New Law in the Horizon“We plan to introduce a new law on ship recycling, in tune with the Hong Kong Convention on ship-recycling,” a government official said.
India is proposing to frame a new law for ship-recycling in tune with global standards, which will enable it to accede to the Hong...
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