Past, present and future of ship breaking industry. (Industry Overview)

From: Economic Review | Date: March 1, 1994| Author: | Copyright information

Pakistan Ship Breakers Association claims that country's total requirement of construction bars is 1.7 million tonnes per annum whereas government says that it is 1.5 million tonnes. Out of the total, Pakistan Steel produces 325,000 tonnes per annum, melters 600, 000 tonnes and ship breakers over 500,000. The association said since 1992-93 things have somewhat started changing and the arrival of scrapable ships at Gadani has increased to 44 compared to 19 during 1990-91.

The multi-dimensional crisis in the ship breaking industry has reduced the number of ship breakers in the ...

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