Bangladesh’s Scrap Ship Imports Drop to 20-Year Low Due to Pandemic and War, India Likely to Overtake According to online newspaper The Business Standard, Bangladesh’s shipbreaking industry faced its lowest performance in two decades, with only 144 scrap ships imported in 2024, totaling 9.68 lakh Gross Tonnage (GT). This marks the lowest figure since 2005, largely due to challenges from the Covid-19 pandemic and the Russia-Ukraine war. A Declining Industry The Business Standard reports that...