Tag: Shipbreaking market trends
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South Asia: Ship-breaking market remains stable; Pakistan leads while India sees slowdown
Alang quiet amid minimal arrivals Remittance inflows keep Bangladesh active South Asia’s ship-breaking markets saw a mixed week, with Alang holding steady despite limited arrivals, Gadani leading in tonnage amid cost concerns, and Chattogram slowing down due to holidays and HKC uncertainty. While pricing remained mostly stable, recyclers across the region are facing growing pressure…