Tag: shipbreaking industry downturn

Ship demolition tonnage drops 35% y-o-y in CY’24 Growing competition from Bangladesh, Pakistan affect recyclers Alang yards still not compliant with EU recycling regulations Morning Brief: The famous Alang ship-breaking yard, the world’s largest scrap ship dismantling facility in terms of capacity, seems to have hit a low tide. Ship-breaking volumes in Alang’s yards, which…