Tag: South Asia ship breaking industry
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South Asia: Limited vessel availability and price competition shape ship recycling markets
Alang targets specialised vessels amid regional price competition Chattogram’s firm buying appetite faces limited vessel availability South Asia’s ship recycling market remained subdued in 42 week, with limited fresh deals and cautious demand. Bangladesh led, followed by Pakistan and Alang. Plate prices strengthened in Chattogram and Gadani but eased slightly in Alang. Strong freight earnings,…