Based on data recently released by the NGO Shipbreaking Platform, almost 443 ocean-going commercial vessels and offshore units were sold for scrapping in 2022.
Of these, 292 large tankers, floating platforms, bulkers, and passenger and cargo vessels ended up for dangerous and dirty breaking on the tidal beaches in Pakistan, Bangladesh, and India.
While South Asian ship-breaking yards encountered the most negligible turnover in more than a decade, with a significant drop in the number of vessels...