MintIndia bets ₹25,000 crore on Alang to capture half of global ship recycling market | Today News
- Bias Rating
-82% Very Left
- Reliability
60% ReliableAverage
- Policy Leaning
-82% Very Left
- Politician Portrayal
N/A
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
20% Positive
- Liberal
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Bias Meter
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-100%
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Contributing sentiments towards policy:
64% : Global standards The next milestone is securing certification under the European Union Ship Recycling Regulation (EU-SRR), which is mandatory for dismantling many European-owned vessels.63% : According to Kumar, 34 Alang yards have applied for EU certification, while inspections have already been completed at three facilities, enabling them to seek inclusion on the EU's approved recycling list.
60% : "With the right approvals, traceability, payment safeguards and environmental standards, India can capture this tonnage responsibly and strengthen its global leadership.
59% : Also Read | Global giants backing India's shipbuilding boom, says shipping secretary India and the European Union reaffirmed their commitment to strengthen cooperation on sustainable ship recycling -- including facilitating the inclusion of Indian facilities under the EU-SRR -- during a meeting this week between Union minister for ports, shipping and waterways Sarbananda Sonowal and European Commissioner for Environment, Water Resilience and a Competitive Circular Economy Jessika Roswall.
57% : The Centre has released ₹53.5 crore from the Ferrous Scrap Development Fund to help Alang yards upgrade infrastructure and meet international environmental standards.
54% : "We envision a ship recycling yard that not only holds HKC and EU-SRR certifications but also consistently demonstrates high standards of safety, environmental management, governance and human rights protection in practice," a company spokesperson said.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.