Alang-Sosiya Shipyards: 76 Million US Dollar Loan Deal with Japan International Cooperation Limited (Download PDF)

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A loan deal worth $76 million with Japan International Cooperation Agency (JICA) was approved to upgrade the environment management plan at Alang-Sosiya ship recycling yards. Total cost of the project to be $111 million, out of which $76 million provided as soft loan from JICA

Map of Alang-Sosiya Shipyards

Map of Alang-Sosiya Shipyards

Map of Alang-Sosiya Shipyards

  • Of the remaining amount, $25 million as taxes and fees will be borne by Government of Gujarat and the balance $10 million will be shared by Ministry of Shipping & Government of Gujarat.

  • Project to be executed by Gujarat Maritime Board (GMB) to be completed by 2022.

Alang-Sosia Ship-Recycling Yard

  • Alang is a census town in Bhavnagar district in Gujarat and a major centre for ship breaking.

  • Shipyards at Alang recycle approximately half of all ships salvaged around the world making it world’s largest graveyard of ships

  • Yards are located on the Gulf of Khambat, 50 km southeast of Bhavnagar.

  • Large supertankers, car ferries, and container ships are beached during high tide.

  • Hundreds of manual laborers dismantle each ship, salvaging some and reducing the rest to scrap.

  • Longest ship ever built, Seawise Giant, was demolished here in December 2009.

Importance of Project

  • Salvage yards at Alang do not have proper working conditions and living conditions, and have detrimental impact on the environment.

  • Project to help the Alang-Sosia ship-recycling yards comply with international safety & environmental regulations.

  • Changes expected to attract more business at the recycling facilities at Alang consolidating India’s share in the global ship-recycling industry.

  • Safeguard the marine and coastal environment with use of advanced decontamination technology to rule out fire accidents in oil and chemical tankers (also ensuring safety).

  • Expected to increase direct employment from 50, 000 to 92, 000 and in-direct employment from 1.5 lakhs to 3 lakh.

- Published/Last Modified on: October 2, 2017

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