Uncategorized Ship recycling business to double in 2 years, says shipping minister Mansukh Mandaviya Updated : December 13, 2019 03:39 PM IST The bill will make India’s ship recycling facilities compliant to international standards and paves the way for a safe and environment-friendly ship recycling process. 10 percent of the country’s secondary steel needs, as an outcome of recycling of ships, will be met in an eco-friendly manner. Out of our 131 breaking yards, 95 are in accordance with Hong Kong Convention. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.