Tag: container ship recycling
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South Asia: Ship recycling markets struggle; Indian prices hit over 4-year low
Rising steel prices, stable currency keep Alang market supported Pakistan active, dry bulk cargo secured amid HKC progress South Asia’s ship-breaking markets showed mixed trends, with India leading in arrivals, Pakistan remaining active amid regulatory shifts, and Bangladesh struggling due to monsoon disruptions, weak demand, and HKC certification delays, despite some support from rising local…