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China stops recycling foreign flagged vessels: Grim reminder of the Indian ship breaking will eventually have to shut shop
Aug 01:
The Indian shipbreaking industry is undergoing a major transition
8It is trying to stay ahead of the competition from Bangladesh and Pakistan while also confronting the problem of being a highly polluting industry
8The fact that the Chinese have stopped recycling of foreign flagged vessels, while providing a boost to the domestic industry, is a grim reminder of how the situation may turn out eventually for it in India
8For now, efforts are on to keep the industry going in full throttle.
Get a full update on the industry here click on Report .
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8It is trying to stay ahead of the competition from Bangladesh and Pakistan while also confronting the problem of being a highly polluting industry
8The fact that the Chinese have stopped recycling of foreign flagged vessels, while providing a boost to the domestic industry, is a grim reminder of how the situation may turn out eventually for it in India
8For now, efforts are on to keep the industry going in full throttle.
Get a full update on the industry here click on Report .
