Tag: tanker scrap rates
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South Asia: Bangladesh leads ship-breaking market despite Eid-induced slowdown, Pakistan surpasses India
Market turns cautious amid fresh US tariffs Ship-breaking offers dip across all 3 regions South Asia’s ship-breaking markets saw steady momentum this week. India remained cautious despite firm market fundamentals, which helped Pakistan surpass India in terms of arrivals. Meanwhile, Bangladesh slowed down due to the Eid holidays and tariff concerns. Offers dipped across all…