Tag: Pakistan’s ship recycling market struggled with low vessel deliveries and limited supply

Strong demand for HKC-compliant vessels boosts Alang USD shortages, low steel demand weigh on Chattogram This week, the South Asian ship recycling markets showed mixed trends. Alang’s market witnessed a surge in deals, driven by demand for vessels compliant with the Hong Kong Convention (HKC), while Pakistan continued to face challenges due to economic instability…