Indian Recyclers Acquire VLCC ‘Amor’ in Shipbreaking Milestone

Indian ship recyclers have purchased the 2000-built VLCC ‘Amor’ from a shadow fleet, marking the first such transaction since 2022.
The ship recycling industry shows signs of revival, despite ongoing environmental and worker safety concerns.
Stricter enforcement of regulations and adoption of sustainable practices are crucial for the future viability of the ship recycling sector.

In a noteworthy development for the maritime sector, Indian shipbreaking yards have acquired the VLCC ‘Amor’ from a...