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To match feature INDIA-SHIPBREAKING/
24 Mar 2009
Source: Reuters
 
A view of ships being decommissioned at the Alang shipyard, about 260 km (162 miles) west from the western Indian city of Ahmedabad, in this February 25, 2009 file photo. A global economic slowdown has hit industries ranging from automakers to investment banks, but in one small town on India's western coast, business is at record levels and workers can hardly keep up with demand. In Alang, home to the world's largest ship breaking facility on the coast of Gujarat state, the financial year to April will be one of its best ever, as a slowdown in global trade and lower freight rates mean ships are being scrapped faster. To match feature INDIA-SHIPBREAKING/ REUTERS/Amit Dave/Files (INDIA ENVIRONMENT SOCIETY BUSINESS)
REUTERS/Amit Dave


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India

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A view of ships being decommissioned at the Alang shipyard, about 260 km (162 miles) west from the western Indian city of Ahmedabad, in this February 25, 2009 file photo. A ...


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Last updated:Tue Mar 24 01:57:58 2009