South Asian ship-demolition volume dips by 4% y-o-y in H1CY’26

India was the only major South Asian recycling destination to record growth during H1CY’26. Ship demolition volumes in India increased 16% y-o-y to around 569,000 LDT, while Bangladesh declined 21% to 392,000 LDT and Pakistan fell 15% to nearly 51,000 LDT.