Tag: shipbreaking yard upgrades

  • South Asia: Alang’s ship-breaking market remains dormant

    South Asia: Alang’s ship-breaking market remains dormant

    Alang drops to third place as Gadani edges ahead Gadani market gains momentum despite tight credit conditions South Asia’s ship-breaking markets faced mixed fortunes this week. Alang dropped to the third place amid low tonnage supply and buyer inactivity, while Gadani gained ground despite credit constraints. Bangladesh remained steady with consistent arrivals. Recyclers across the…