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 [...]
Alang ship recycling yard weekly position as on 9th December 2023 [...]
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. [...]
