South Asian Scrapyards Maintained Market Lead in 2024, Despite Injuries

South Asia’s shipbreaking sector may have seen a lull in activity last year, but it maintained its leading position in the global vessel recycling industry – and its reputation for risk. According to NGO Shipbreaking Platform, 45 workers were injured breaking ships in Pakistan, Bangladesh and India last year, and nine were killed. 

By the NGO’s count, 80 percent of all scrapped tonnage was demolished in South Asia last year, and Bangladesh led the way with 2.4 million gross tons of capacity (130 ships). India was a distant second at 1.5 million, and Pak…