Author: BigMint Technologies Pvt Ltd

Ship breaking prices in Alang (Gujarat), Asia’s largest ship recycling yard, have noticed a fall of USD 15-20/MT this week. Current offers for Box ship are assessed at USD 415/MT and for Dry ship at USD 390/MT; down by USD 15-20/MT. Volatility in Indian currency and low demand from Pakistan and Bangaldesh have led to increased…