BANGLADESH SCRAPS RECORD NUMBER OF SHIPS IN 2012
November 1st, 2012
BY POORNA RODRIGO
Bangladesh has scrapped 203 ships so far this year, making it the largest number ever in the history of its thriving ship breaking industry, the Bangladesh Ship Breaker's Association (BSBA) secretary Nazmul Islam has told Steel First.
In 2010 Bangladesh scrapped only 75 ships, and the number improved to 145 in 2011 before it shot up to 203 in this year so far. "There is no doubt we have immense capacity to grow," Islam said.
And with International Maritime Organisation (IMO) regulations demanding that all single-hulled oil tankers ...
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