Tag: Top Ship Demolition Countries by LDT (2018-2023)

The global ship-breaking market remained in deep waters in 2023. Total tonnage sunk 13% to 2.8 million light displacement tonnage (LDT) compared to 3.2 million LDT recorded in 2022. Bangladesh had snatched back its position as the largest ship-breaker globally in terms of tonnage earlier last year from India and retained it till the end.…