Tag: OFAC sanctioned vessels Alang
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South Asian ship demolition tonnage falls 35% y-o-y in Jan-Mar’26 amid cost pressures, regulatory constraints
Indian arrivals weaken by 34% amid high costs, currency pressure India’s Alang sees increased arrivals of OFAC-sanctioned vessels Bangladesh volumes drop 38% due to regulatory, demand constraints Morning Brief: Ship-recycling activity across South Asia remained under pressure in Q1CY’26, with total tonnage declining 35% y-o-y to 467,205 LDT from 713,300 LDT in the same period…