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Ship recycling halted as India diverts oxygen to health crisis

The spike in coronavirus cases across India has boosted demand for oxygen with the government redirecting all of the country’s inventories to hospitals, while movement restrictions have again been put in place

GMS noted that there were still some end buyers looking to buy vessels despite ongoing uncertainties regarding vessel deliveries, customs services for boardings and clearances, and repatriation of crews, as well as flights out of India

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