Tag: South Asia: Ship recycling market slow w-o-w due to Ramadan Eid

The South Asian ship recycling industry experienced a slowdown in the past week. In India’s Alang port, stagnant vessel arrivals and tough competition marked the scene. Bangladesh saw subdued activities during Ramadan and Eid preparations, while hopes for a post-celebration uptick prevailed. In Pakistan, festivities slowed down market activities temporarily, but expectations for a rebound…