Tag: Pakistan Shipbreaking
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South Asia: Indian, Bangladeshi ship recycling markets see rise in activity w-o-w; Pak struggles
Alang buyers secure vessels at competitive prices Gadani sees muted deals amid economic uncertainty This week, the ship recycling markets in India, Pakistan, and Bangladesh displayed contrasting dynamics. India and Bangladesh saw improvements, while Pakistan remained under pressure. In Alang’s shipbreaking yards in India, buyers successfully negotiated realistic prices, despite a decline below the coveted…