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Ship recycling bill 2019 News

Ship recycling bill 2019

09 Dec 2019

Ship recycling will boost shipping industry business to $2 billion: Mandaviya

Amid the increasing demand for ship recycling in India, Parliament on Monday gave its nod to the Recycling of Ships Bill, 2019 steered by Minister of State for Shipping (Independent Charge) Mansukh Mandaviya, which seeks to regulate the industry in accordance with international standards. According to Mansukh Mandaviya, the bill takes into account the need for regulating the industry and ensuring that it helps the industry grow to about $2 billion per year in India.

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