Tag: Ship breaking India

  • Indian Ship Breaking Market Remains Weak

    Indian Ship Breaking Market Remains Weak

    Cheaper Chinese billet seeks buying interest over ship-plates; market at Alang witness fall in inquiries. Trades at most active ship-breaking yards in Asia like India, Bangladesh and Pakistan remain muted this week. Though offers for ships coming for demolition remained unchanged, market witnessed a fall in number of inquiries and shift in interest. Threats emerging…