Tag: South Asia shipbreaking trends
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South Asia: Ship recycling markets show mixed trends; Gadani leads in pricing, Alang targets specialist tonnage
Shipping groups back proposal to include Indian facilities on European List Chattogram demand improves, but bids remain uncompetitive South Asia’s ship recycling market remained mixed during the week ended 22 September, with Gadani retaining its competitive edge while Alang benefited from specialist tonnage and Chattogram saw improving post-monsoon demand. Fresh vessel sales remained limited across…