AsiaShipyards

India and Pakistan bar ships for demo

Shipping companies looking at sending their ships for demo in south Asia are likely to face severe disruption thanks to the spread of coronavirus with only Bangladesh fully open for business at the moment.

Currently, both Alang in India and Gadani in Pakistan have put a hold on beaching vessels until at least March 31. The one caveat is vessels with full Indian crew that have not recently been trading to restricted countries will be permitted into Alang.

Bangladesh currently has no restriction on beaching, after health officials have checked and cleared the inbound crew.

Brokers report the volume of reported sales for recycling has been greatly reduced in the last couple of weeks as a result of this new swathe of coronavirus regulations.

“In light of the new port restrictions in India and Pakistan, more owners are looking to sell units ‘as is’, thus putting the burden of how the vessel will reach its final recycling destination on the cash buyers,” Clarkson Research Services noted in its most recent weekly report.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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