Ship Recycling: Strong local demand robust market: BEST OASIS The recycling market across various regions exhibits varying trends and challenges. In India, the market is experiencing a robust upward trajectory, driven by strong local demand and a consistently healthy demand for steel, which bolsters the market’s overall health and maintains [...]
Priya Blue City: A Beacon of Hope for the Ship Recycling Industry A New Era for Worker Welfare and Sustainability Priya Blue Industries has taken a groundbreaking step in the ship recycling industry by unveiling Priya Blue City in Alang, Gujarat, India. This state-of-the-art facility isn’t just a place to [...]
Ship Recycling: India’s market is improving: BEST OASIS World’s leading cash buyers for ship sending for recycling BEST OASIS in their weekly ship recycling market report opined that, “India’s market is improving”. India’s ship recycling market is improving, driven by robust local demand anticipated to maintain favourable conditions this month. [...]
Ship Recycling: Mixed Signals and Global Economic Outlook Here’s a breakdown of the latest happenings in the ship recycling industry, along with some insights into the global economic forecast: Market Trends by Region: India: The Indian ship recycling market is experiencing positive momentum with stable prices. This trend is expected [...]
Ship Recycling: Best Oasis predicted that India’s market is on the rise World’s leading cash buyer for ships sending for recycling BEST OASIS in their weekly market report revealed that We’d like to extend our warmest Eid greetings to our readers. May this auspicious occasion bring you joy, peace, and [...]
Ship Recycling: Slight increase in demand in Indian ship recycling market This report summarizes key developments in the global ship recycling industry for the week ending March 24th, 2024. It covers market trends in India, Bangladesh, Pakistan, and Turkiye, along with insights into recent events impacting the broader maritime sector. [...]
Ship Recycling: Indian market marked demand for vessel Over the past week, the ship recycling markets across various destinations have exhibited diverse trends. In India, the market has seen a slight uptick, marked by a modest increase in demand for vessels, signaling a positive shift in market conditions. Conversely, Bangladesh’s [...]
Ship Recycling: Demand in Alang remained low: BEST OASIS World’s leading cash buyers for ships for recycling, BEST OASIS in their weekly report opined that The ship recycling sectors across India, Bangladesh, Pakistan, and Turkiye are experiencing varying degrees of market stagnation and operational challenges. In Alang, India, the market [...]
Impact of Red Sea Crisis on Global Ship Recycling Market and Freight Rates In recent weeks, the global shipping industry has been grappling with the repercussions of the crisis in the Red Sea, leading to a surge in freight rates. This unexpected development is anticipated to influence ship owners’ decisions [...]
Ship Recycling Market : Slight improvement in Indian Market seen Over the past few weeks, there have been notable improvements in the regulatory and compliance landscape of the ship recycling industry. Despite the overall subdued market, recent reports from shipbroker Clarkson Platou Hellas suggest positive developments. As December progresses and [...]
