Tag: India shipbreaking market

South Asia: Bangladesh’s ship-breaking market witnesses major shift; India, Pakistan stare at slowdown

May 13, 2025

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by

Adarsh Ramteke

in Ship Breaking

Only 7 yards in Chattogram have HKC accreditation Yard upgrades lag behind in Pakistan South Asia’s ship-breaking markets are facing mounting pressure: Bangladesh is enforcing HKC yard restrictions, Pakistan is struggling with weak pricing and LC issues, while India seems to be witnessing soft market sentiments amid geopolitical tensions, falling steel prices, and a weakening…