Tag: shipowners
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South Asia: Bangladesh, Pakistan’s ship recycling markets face strain as HKC compliance deadline nears
Pakistan continues to see nil vessel arrivals Low arrivals, falling offers pressure Alang South Asia’s ship recycling markets witnessed mixed conditions in week 5 of CY’25, with India and Bangladesh seeing higher tonnage w-o-w, while Pakistan’s yards remained deserted. However, while the tonnage received at India’s Alang was higher w-o-w, the port saw fewer vessel…