Tag: South Asia: India’s ship recycling market muted amidst competitive offers from Pakistan

The South Asian ship recycling market displayed a mixed trend w-o-w. In India, subdued activity persisted following January’s HKC container deals, attributed to lacklustre local demand. Contrastingly, Bangladesh and Pakistan emerged as strong contenders, actively competing for Chinese-controlled tonnage. India Since the last deals involving HKC containers in January, India’s ship recycling market has been…