Tag: South Asia: Ship recycling markets steady w-o-w; recycled tonnage rises m-o-m in Apr’26

Alang remains most active recycling destination April recycled tonnage rises sharply m-o-m As of 5 May 2026, South Asian ship recycling markets remain stable amid currency movements, geopolitical uncertainty, and a narrowing pre-monsoon window. While fundamentals vary across India, Bangladesh, and Pakistan, limited vessel supply continues to be the key constraint on market activity. Meanwhile,…