Tag: South Asia: Ship recycling market witnesses mixed trend w-o-w Bangladesh emerge as a bright spot

The South Asian ship-recycling market witnessed diverse dynamics in the past week, reflecting contrasting fortunes across India, Pakistan, and Bangladesh. In India, the ship-recycling sector faced persistent challenges, with Alang buyers struggling to compete amidst a shortage of available tonnage and subdued local sentiments due to upcoming holidays and election uncertainties. Conversely, Pakistan experienced a…