India

Setting trends, and market sentiments with a large appetite for tonnage.

India is the world’s biggest market for recyclable vessels and our local presence is managed via our affiliates, who are well versed with the recycling industry for many years. India annually recycles between 300 and 400 vessels, beached over its almost 200 yards, about half of these yards are currently Green Compliant. Our office is situated in the heart of Bhavnagar (Gujrat), the closest city to Alang, which is home to the ship recycling yards. This enables us to keep close relations with all the breakers and their banks, and further helps us to deliver our vessels smoothly, frequently, and promptly without incident. Our reputation in this market has been the augmenting force of all our developing operations elsewhere.