Our Expertise
We purchase end-of-life vessels directly from shipowners and through international shipbrokers. Following acquisition, the vessels are delivered to carefully selected recycling yards in India, Bangladesh or Pakistan, depending on commercial requirements, buyer preferences and prevailing market conditions.
India
- India is one of the world's leading ship recycling destinations, with a well-established industry supported by modern infrastructure, experienced recycling yards and a strong regulatory framework.
- Many recycling facilities in India operate in accordance with the Hong Kong International Convention (HKC) and continue to invest in improving environmental protection, worker safety and operational standards.
- The country's recycling sector has earned a strong international reputation for responsible ship recycling and regulatory compliance.
- India's strategic location, developed port infrastructure and established recycling ecosystem enable the efficient delivery and dismantling of a wide range of commercial vessels. These strengths continue to make India a preferred destination for shipowners seeking commercially competitive and environmentally responsible recycling solutions.
Bangladesh
- Bangladesh is one of the world's largest ship recycling markets and has long been an important destination for end-of-life vessels.
- Supported by strong domestic demand for recycled steel, the industry offers significant recycling capacity and competitive commercial opportunities.
- The sector continues to strengthen environmental practices, worker safety and regulatory compliance through ongoing investment and industry development. Recycling yards are progressively enhancing their facilities to align with evolving international standards.
- Bangladesh remains an important market within the global ship recycling industry, providing shipowners with an established and commercially attractive recycling option depending on vessel type, market conditions and project requirements.
Pakistan
- Pakistan continues to play an important role in the global ship recycling industry, offering shipowners an additional commercially competitive destination for end-of-life vessels. The country's recycling sector has a long operating history and remains an active participant in the international recycling market.
- Recycling yards continue to invest in improving operational standards, environmental performance and worker safety while progressing towards greater alignment with international best practices.
- Pakistan remains a viable recycling market for a range of commercial vessels, providing shipowners with additional flexibility when evaluating recycling options based on prevailing market conditions, vessel specifications and commercial considerations.
