Bangladesh’s Shipbreaking Industry Facing Mounting Challenges Amid Economic and Geopolitical Strain Bangladesh’s shipbreaking industry, once a global leader in dismantling end-of-life vessels, is now facing an uphill battle against a wave of economic, regulatory, and geopolitical challenges. These challenges have converged to create a complex crisis in this once-booming sector, [...]
Breaking of Old Scrap Ships is Posing a Serious Threat to the Lives of Workers and Polluting the Coastal Environment in BANGLADESH Sitakunda, a coastal area in Chattogram district, Bangladesh, is home to one of the largest shipbreaking industries in the world. While this industry contributes significantly to the economy [...]
Ship Recycling: Indian market condition remained strong: BEST OASIS Leading cash buyer of ships sending for recycling, BEST OASIS in their weekly ship recycling market report opined that, this week, the ship recycling industry across four major destinations showed varying trends. In India, market conditions remained strong with increasing booking [...]
(1) Tragedy Strikes at Toggi Ship Breaking Yard in Chittagong as Worker Falls to His Death In a heart-wrenching incident, a worker lost his life after a fatal fall from a ship at the Toggi Green Ship Breaking and Recycling Ltd located in the Sitakunda upazila of Chattogram. The unfortunate [...]
