Author: Kanishka Chhabria

In March 2024, the South Asian ship-breaking sector experienced a significant surge, with tonnages increasing by about 31%. The total tonnage processed by India, Pakistan, and Bangladesh amounted to 184,236 LDT, a notable rise from the 140,130 LDT recorded in the previous month. Additionally, on an annualised basis, tonnages saw a 15% increase compared to…