Tag: Gadani shipyard

South Asia: Ship-breaking tonnage down by 58% m-o-m in Jul’24

Aug 13, 2024

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by

Manya Dewangan

in Ship Breaking

The South Asian ship-breaking sector saw a sharp decrease in tonnage received in July 2024. India, Pakistan, and Bangladesh collectively processed 79,486 LDT, marking a 58% decrease from 188,340 LDT in June. On an annual basis, the tonnage declined by 48% compared to 152,449 LDT in the previous year. India India reported the highest tonnage…