Tag: Indian Ship-breaking
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Ship Breaking Offers Fall Sharply by USD 10-20/MT
Global offers for ships coming to India for demolition witness a fall of around USD 5-10/MT this week. Ship-breaking offers in Asia’s largest and most active ship breaking yards namely, India, Bangladesh & Pakistan, encounter a fall upto USD 20/LT LDT (W-o-W), at USD 360-390/ LT LDT. Currently, in India, apart from dull demand for…