Author: Romil Sethi
-
South Asia: Shipbreaking import prices into India fall by $5/LDT on subdued sales
The recycling market was quiet yet again last week due to the non-availability of tonnage, while offer prices from recyclers remained mostly stable, with India witnessing a drop of $5/LDT w-o-w. The ship recycling community gathered in Dubai last week for the Tradewinds Ship Recycling Forum 2022 to discuss the current challenges affecting ship owners,…