Ship Recycling: Indian Market Back in Action: GMS Leading cash buyer for ships sending for recycling GMS opined in their weekly ship recycling report that, ship recycling in Indian market back in action. The ship recycling industry in India and surrounding countries (known as the Indian subcontinent) has seen a [...]
Alang’s Shipbreaking Yards in Distress: Dismantling Dreams in Rough Waters Alang, India, boasts the world’s largest ship-breaking yards. But these once-bustling graveyards for giant vessels are now facing their worst slowdown in nearly a decade. The numbers speak for themselves. In 2023, just 136 ships arrived at Alang for their [...]
Ship Recycling in 2024 : The Prospects and Challenges for Alang The ship recycling industry, characterized by its unpredictability, operates within the complex web of international factors, domestic market dynamics, competition from neighboring countries, and government policies. In the midst of such uncertainties, the year 2023 unfolded as an ominous [...]
Ship Recycling : Slow Pace Persists with Stable Prices and Favorable Offers World’s leading cash buyers for ship for recycling “Best Oasis” predicted that, the ship recycling activity for this week has continued to exhibit a sluggish pace, mirroring the trends observed in the preceding week. In the Indian market, [...]
World’s leading cash buyer of the ships for demolition Best Oasis in their weekly ship recycling market report opined that waning enthusiasm of buyers noted in India. Ship Recycling Market Insights from India- Bangladesh- Pakistan- and Turkiye. This week, the ship recycling sector presented not so encouraging outlook, as seen [...]
