Author: Rounak Gairarey
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South Asia: Ship breaking prices remain stable, deals reported
Asian ship breaking market was stable this week, with few deals being concluded in major markets. India Demand in the Indian market picked up pace this week as steel prices have gained in recent weeks. The prices of imported ship breaking was $315/LT for Containers, $295/LT for Dry bulk and $305/LT for tankers. A Japanese…