Author: Rounak Gairarey
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CY 20: Scrapped Ship Imports Incline 16% in South Asia
Pakistan clocked a phenomenal growth of 638% Y-O-Y Ship breaking volumes in India too rose by 28.65% Y-O-Y in CY 20 Bangladesh remains the top buyer in South Asia for scrapped ships with 41% share followed by India with 39% and Pakistan with 20% share. In the year 2020 (Jan-Dec’20), a total of 457 ships…