Tag: Ship breaking prices
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South Asia: Ship breaking prices rise w-o-w on improved demand
Competition remained fierce between Bangladesh, India and Pakistan with the latter two emerging as competitors against the prolific Bangladeshi buyers. Meanwhile, Bangladesh continues to secure the highest share of the market tonnage as we enter the final months of the year. Ship recycling prices saw an uptick of $10/light displacement tonnage (LDT) w-o-w in India,…