Tag: IRRC ship recycling

South Asia: Bangladesh ship breaking market rises after elections, Alang faces volatility amid tight supply

Feb 17, 2026

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by

Ramavath Mounika

in Ship Breaking

Alang faces volatility despite firm bidding Infrastructure hopes lift Chattogram outlook Sub-continent ship recycling markets remained driven by tight vessel supply, shifting fundamentals, and fresh political developments in the week ended 17 February. Bangladesh saw renewed optimism following the Bangladesh Nationalist Party (BNP)’s election victory and progress on HKC-related compliance, though currency weakness and stagnant…