Tag: Far Eastern vessels
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South Asian ship recycling markets see mixed fortunes; India gains while Bangladesh struggles
Rising steel plate prices support Indian, Pakistani markets Even so, threat of fallout from Iran-Israel conflict looms large The South Asian ship recycling sector experienced varied outcomes recently, as India, Pakistan, and Bangladesh contended with distinct economic and political challenges. India’s ship recycling market, centred in Alang, saw a surge in activity with rising steel…