Tag: Ship recycling volumes in South Asia surge 25% y-o-y in CY’25 as India records sharp growth

Alang leads with strong HKC compliance and rising arrivals NOC delays, weak fundamentals hit Bangladesh’s recycling sector Compliance gaps, liquidity crunch, cheap imports affect Pakistan market Morning Brief: South Asia’s ship-breaking market expanded in 2025, with total demolition activity rising 25% y-o-y to 2.25 million light displacement tonnage (mn LDT) from 1.8 million LDT in…