The Indian subcontinent’s (ISC) share of scrapping reached a decade high in 2016, despite increased calls for greener recycling
The proportion of tonnage sold for scrap to ISC breakers rose to 79% last year, according to Clarksons.
ISC breaking yards recycled 656 vessels of a combined 40mdwt in 2016.
“Indian breakers experienced a resurgence after a comparatively slow 2015, with 340 ships of a combined 12.5mdwt