Tag: South Asia: Ship recycling markets cautious amid currency volatility and monsoon pressure
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South Asian ship recycling markets continue to battle currency volatility, seasonal pressure
17 Bangladeshi yards secure IMO compliance Vessel availability remains limited across South Asia South Asia’s ship recycling markets remained cautious in week 20 as currency volatility, elevated crude prices, and tightening monsoon timelines continued to shape regional sentiment. While India faced rupee weakness, Bangladesh benefited from compliance growth, and Pakistan saw relative FX stability. India:…