Independent journal on economy and transport policy
23:59 GMT+2
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SHIPYARDS
ASRY and Priya Blue establish a ship recycling yard in Bahrain
A first ship destined to be dismantled has arrived in the Middle Eastern nation
Al Muharraq/Alang
May 21, 2026
The Bahraini shipbuilding and repair company
Arab Shipbuilding & Repair Yard Company (ASRY) and India's Priya
Blue, which has a ship recycling yard in Alang, have
Established a joint venture to operate recycling activities
of ships in Bahrain on arrival in the country
of a first ship destined to be dismantled. I
two partners highlighted that the new company of
ship recycling, which aims to make Bahrain a hub
regional for this type of activity, will operate in
in line with the principles of the International Convention on a
Safe and environmentally friendly ship recycling of Hong Kong
Kong of 15 May 2009 and European Regulation No. 1257/2013
on ship recycling.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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