Author: Romil Sethi
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South Asia: Ship-breaking import prices up $15-20/LDT, activity from India increases
Ship-breaking import prices in Bangladesh, India and Pakistan rose by $15-$20/light displacement tonnage (LDT), w-o-w. The sub-continent markets saw active trading, particularly Bangladesh and India (who now seem to be competing even more on tonnage), while Pakistan missed out on units once again. India buyers actively book deals The Indian market was buoyant last week…