Bangladesh may have given its lucrative shipbreaking industry a reprieve, but the sector still fears Dhaka will regulate it out of business. Jahir Ahmed and Christina George report rnBangladesh appears to have averted a major crisis in its ship-breaking industry by agreeing to relent on a draconian law aimed at ensuring the clean recycling of ships.rnSources in Bangladesh's ministry of shipping told Fairplay that amendments to the new regulation, which makes it mandatory for breakers to obtain a clearance certificate from the exporting country, will pave the way for demolition to continue at Sitakunda, the largest ship recycling cluster near Chittagong.
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