Scrap Asia›Bangladesh

29 Nov

Cash buyers hold on to more than 30 unsold ships

  • By: Bangladesh Ship Supply
  • Blog
  • Comments Off on Cash buyers hold on to more than 30 unsold ships

Martina Li, east Asia | November 2018 Intan, previously named Kaimon Maru, was sold on to Bangladesh. Credit: FotoFlite Cash buyers are finding themselves saddled with more than 30 unsold vessels as a shortage of US dollars in Bangladesh, weak steel prices in India, safety concerns, and weak currency in Pakistan have deterred recycling yards from buying […]

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