Tag: vessel scrapping forecast 2025

South Asian ship-breaking volumes decline 3% in Jan-Jun’25

Jul 23, 2025

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by

Adarsh Ramteke

in Ship Breaking

Bangladesh, Pak miss HKC deadline, stare at empty yards India’s volumes up 36% on progress in HKC compliance Declining steel prices, economic pressures impact recycling Morning Brief: South Asia’s ship-breaking volumes fell a minor 3% in H1CY’25 to 1.04 million light displacement tonnes (LDT) from 1.06 million LDT in H1CY’24. This followed a 27% drop…