The circular economy is a model that aims to minimize waste in production and consumption. One way to change how ships are recycled is by using a circular economy. This would reduce waste production and promote sustainable resource use. At R.L. Kalthia, we have compiled this blog to dig deeper into the topic “Navigating Sustainability: Ship Recycling in India and the Circular Economy” and give you highly informative insights. Read the blog further to learn more about the various aspects related to ship recycling in India and the circular economy.
The circular economy can be best described as an eco-friendly economic system that focuses on reducing waste and using resources wisely by cycling, extending product life, intensifying usage, and reducing material and energy waste. This is achieved through practices like digitalization, servitization, sharing solutions, and durable product design. Ship recycling fits perfectly into this approach. It means carefully taking apart old ships and transforming them into valuable raw materials through dismantling and repurposing. It’s a sustainable way to handle end-of-life vessels.
Contrary to the traditional linear model where dismantled ships are considered waste, in the circular economy, ships are perceived as a valuable resource rather than waste. The list of ways through which we can integrate the circular economy into ship recycling is mentioned as follows:
India boasts one of the largest ship recycling industries globally, concentrated primarily in Alang. Alang is a coastal town in the western state of Gujarat, home to one of the largest shipbreaking yards in the world. Many shipbreaking yards in Alang, including R.L. Kalthia, have set an example by strictly adhering to international and national guidelines for sustainable ship recycling.
The number of yards in Alang has adopted international standards and has been certified as compliant by leading societies. To address this, we must enforce strict rules and use circular economy strategies in ship recycling.
One of the most discussed aspects of the ship recycling industry is the economic boost to a country’s economy. With the implementation of a circular economy and other sustainable shipbreaking practices, the ship recycling industry can be completely transformed. The ship recycling industry in India is not only an environmental ally but also a robust contributor to the nation’s economy.
The sector generates employment opportunities for thousands of workers, from skilled technicians to manual laborers. Millions of people today depend on the ship recycling industry to earn their livelihood. Including the circular economy in ship, recycling will open up new market opportunities for businesses involved in the refurbishment and resale of ship components. Additionally, the sale of salvaged materials adds to the country’s revenue, fostering economic growth in the regions where shipbreaking yards are located. The different ways through which the circular economy can impact economic growth are listed below:
The circular economy benefits all aspects of ship recycling, including the environmental impact. Circular economic practices significantly contribute to reducing the carbon footprint by encouraging sustainable ship recycling practices. Proper management and disposal of hazardous materials reduce pollution to a great extent. The range of environmental benefits offered by the inclusion of the circular economy in the ship recycling industry are briefed below:
By implementing circular economic practices, the Indian ship recycling industry can experience enormous economic benefits. The circular economy also reduces the environmental harm caused by shipbreaking practices. With the advent of sustainable shipbreaking practices and the circular economy, India can set an example of responsible ship recycling practices worldwide.