Recycling Market Ship was silent last week

ANother Week from light boat recycling activities passed. In its latest weekly report, the best oasis (www.best-oasis.com), a leading cash buyer said that “Ship-recycling markets throughout South Asia and Türkiye remain calm as a whole, although some regions show signs of recovery. This sentiment is still cautious, but the fundamental increase has begun to support gradually. Bangladesh, only a few yards in accordance with HKC, and their backs will be reported, will not be reported.

Source: Best Oasis

In a separate report this week, shipbroker intermodal noted that “the ship recycling market SAW mixed signals, shaped by regional disparities in activity and progress in HKC compliance efforts. India’s Ship Recycling Market Appears to Recover After A Sluggish Period With Limpled Activity. been a visible uptick in recycling volumes at alang, with some candidate vessels arriving. The sentiment is shifting positively, supported by pickup in the activities and strategic advantages of India holds its regional colleagues, in terms of HKC compliance.

Overall, improving market conditions, new buyer’s interest, and regulatory progress strengthens a more positive view for this sector. Meanwhile, the Bangladesh ship demolition sector showed faint signs to regain traction but continue to face obstacles related to compliance, with only 15 yards currently in accordance with HKCC and allowed to receive recycled candidates. Most of these facilities are already operating near capacity, and with a calm steel market burdened by weak domestic demand, there are limited incentives to secure new tonnage. The overall environment remains stagnant, and except the buyer interest strengthens and the additional yard makes progress towards HKC certification, the market is at risk of further erosion of its competitiveness. In the economic field, although the inflation rate has slowed slightly, weak fundamentals and concerns about the potential for US tariffs continue to overshadow the broader macroeconomic view. The market in Gadani remains calm, with centered sentiments even though there are sporadic activities “.

Source: Intermodal

Intermodal added that “the doubt of the buyer continues, driven by weak steel demand and uncertainty about compliance with the Hong Kong convention, because there is no certified yard. However, its progress, with six yards that now have Dasr certification, which Final Tonnage of Life in Q4 2025
Nikos Roussanoglou, Hellenic Shipping News worldwide