Tag: Ship breaking industry
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South Asia: Bangladesh, Pakistan’s ship recycling markets struggle; India shows stability
Alang sees strong activity despite tonnage scarcity Pak, Bangladesh face inactivity, limited arrivals This week, South Asian ship recycling markets showed mixed trends. Alang demonstrated resilience, with strong activity despite a tonnage shortage. Pakistan’s market remained inactive, with no vessels having arrived at Gadani for several weeks. Bangladesh saw a subdued market at Chattogram Port,…