131710743
Economic Times
Alang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to an all-time low in vessel arrivals
. Shipowners are opting for repairs over demolition. This slowdown threatens the livelihoods of thousands directly and indirectly employed in the industry. The situation remains grim.
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
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