Tag: South Asia Shipbreaking
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South Asia: Imported ship-breaking market shows mix sentiments
South Asia’s ship-breaking scrap markets were stalled to their lowest point during 2022. However, it is anticipated that 2023 will be a busier and healthier year for various recycling destinations. In 2022, only some vessels were beached in India, and it was a similar scenario in Pakistan, Bangladesh, and even Turkiye, where local recyclers had…