A spot of wartime irony, if you will......
Bearing in mind that upwards of 40 ships are now deemed beyond economical repair and others may still follow due to age and damage received by fouling or attacks within the Persian Gulf...a couple of days ago a contract was finally signed after months of negotiation. The Indian ship recycling firm Prya Blue and Bahrain's ASRY are starting a joint venture to recycle ships using the latest ecological and environmental standards.
Arabian Gulf’s maritime repair and fabrication facilityASRY and India’s Priya Blue Group have joined forces to create a ship recycling venture in Bahrain.
The deal brings together the Arab Shipbuilding & Repair Yard Company (ASRY) with India’s ship recycling yard Priya Blue, establishing what the companies describe as the Middle East’s largest ship recycling facility.
“Together, we will deliver dry dock, slipway and alongside recycling for vessels up to ULCC size, alongside FPSOs, FSOs, rigs and complex offshore assets,” Priya Blue Group said in a statement Tuesday.
Anchored in Bahrain, the partnership gives Priya Blue a global footprint beyond South Asia. “This is not an experiment,” the company claims and describes the move as “a deliberate expansion of a proven operation.”
The two partners have formally launched their joint venture following the arrival of the first vessel for recycling in Bahrain.
More of this :
Priya Blue joins with ASRY to create Bahrain ship recycling venture (Shipping Telegraph - May 21, 2026)
Timing is everything......
especially in war.