Tag: Ship-breaking in South Asia: Alang gains momentum as Bangladesh weakens and Gadani shows fragile recovery

Alang attracts vessels amid Bangladesh slowdown Political uncertainty hurts Bangladesh recycling activity South Asian ship recycling trends diverged  on 27 January, with India gaining market share and Bangladesh losing momentum amid weak bids and political uncertainty. Meanwhile, Pakistan recorded a fragile recovery supported by improved pricing and stable local fundamentals. India Regains Position in South…