Tag: South Asia ship recycling remains subdued amid monsoon

Monsoon disrupts recycling across South Asian yards Hormuz tensions delay vessel sale decisions South Asia ship recycling markets remained subdued on 14 July as monsoon disruptions, cautious buying and Strait of Hormuz tensions limited vessel availability and fresh transactions across India, Bangladesh and Pakistan. India: Monsoon, geopolitical uncertainty slow recycling activity India’s ship recycling market remained…