Tag: Global ship recycling tonnage drops over 10% in CY’23. Bangladesh retains No.1 slot

Eased LC issues help Bangladesh secure vessels Prices of both containers, tankers fall y-o-y Indian prices may increase amid scant inventory Morning Brief: The global ship-breaking market remained in deep waters in 2023. Total tonnage sunk 13% to 2.8 million light displacement tonnage (LDT) compared to 3.2 million LDT recorded in 2022. Bangladesh had snatched…