Tag: Indian subcontinent
-

South Asian ship recycling markets face challenges amid economic, political turmoil
This week, ship recycling markets across the Indian subcontinent experienced significant hurdles as they navigated a mix of economic challenges, political instability, and adverse weather conditions. In India, Alang’s market was strained by a sluggish economy, monsoon disruptions, and political uncertainty, while Pakistan’s Gadani recyclers struggled with liquidity issues and internet disruptions, leading to subdued…