Mr. Anil Devli, CEO, INSA, said, Early ratification of the HKC will ensure that the Indian ship recycling yards would substantially benefit. This is expected to lead to a growth of Indian ship recyclers in Alang, Gujarat as it would also raise increased business for Indian ship breakers and would also multiply employment opportunities.
The Japanese government has been active in Alang, Gujarat to help the ship recycling facilities in Gujarat to upgrade with safe and environmentally friendly processes. With the encouragement of the Japanese Government, the number of HKC compliant yards in Alanghas reached 68 as on November 2018 as against nil in 2012.
Both the associations also discussed the impact of the European Unions Ship Recycling Rules (EUSRR) and INSA voiced its concern at the way the EU SRR could take away business and employment opportunity from India as well as add to the compliance costs of Indian shipyards. Both parties agreed to work in a coordinated manner on this issue. This story is provided by BusinessWireIndia.