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: 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 [...]
World’s leading cash buyers of ships for recycling BEST OASIS in their weekly ship recycling report opined that, Indian market is unhealthy and still in declining mode. In the evaluation of the ship recycling sector this week, the Indian market continued to decline, and there appears to be no demand [...]
Unlocking the Potential of Ship Recycling: Navigating Challenges and Opportunities The overlooked sector of ship recycling holds the potential to play a pivotal role in the shipping industry’s journey towards decarbonization. However, despite this potential, the industry has faced challenges, particularly concerning the uncertainty surrounding the fuels needed to comply [...]
The ship recycling industry is currently experiencing a slowdown, especially in Bangladesh and Pakistan, while Indian recyclers remain active. Clarkson Platou Hellas, a shipbroker, described the market as entering a period similar to autumn, where activity from Bangladeshi and Pakistani recyclers is low, with only Indian recyclers showing positive signs. [...]
Highlights of the Week (Please read vessel sold during this week, at the bottom of this story) The ship recycling industry appears to have gained momentum, with Indian ship recyclers emerging as the most dynamic participants. Meanwhile, Pakistan is making a comeback after a prolonged absence. It is worth noting [...]
