Tag: Panamax vessel scrap

Currency depreciation, sluggish steel demand pressure India Approaching HKC deadline weighs on Pakistan, Bangladesh South Asia’s ship-breaking markets witnessed mixed trends in February 2025. While India saw higher arrivals m-o-m, the tonnage processed by Pakistan and Bangladesh fell significantly. India: In February 2025, India’s ship-breaking sector led with 144,683 light displacement tonnes (LDT), surging by…