Ship Recycling Yards Are Waiting for a Boom as Old Tankers Keep Sailing
The breakers on the beaches at Alang, Chattogram and Gadani have the cash and, since last year, the paperwork. What they don't have is ships. Clarksons Research counts 273 vessels sold for recycling in the first nine months of 2026, about 5.5 million gross tons. That is 13%…