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Ship Recycling: The Indian market facing vessel shortage undermines buyers’ competitiveness

Ship Recycling: The Indian market facing vessel shortage undermines buyers’ competitiveness The ship recycling industry faced a challenging landscape this week. In India, the market is experiencing a significant downturn, with minimal demand and a shortage of vessels, leading to a standstill in new deals and weakening international competitiveness. In [...]

Ship Recycling: Bangladesh seeks Japan's help for safer, cleaner industry

Ship Recycling: Bangladesh seeks Japan’s help for safer, cleaner industry

Ship Recycling: Bangladesh seeks Japan’s help for safer, cleaner industry Bangladesh’s Foreign Minister, Dr. Hasan Mahmud, has requested $100 million in assistance from Japan to improve the safety and sustainability of the country’s massive shipbreaking industry. During a meeting with Japan’s Parliamentary Vice Minister for Foreign Affairs, Hosaka Yasushi, Dr [...]