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In page Ship breaking:

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In 1960, after a severe cyclone, the Greek ship M D Alpine was stranded on the shores of Sitakunda, Chittagong (then part of East Pakistan). It could not be refloated and so remained there for several years. In 1965, the Chittagong Steel House bought the ship and had it scrapped. It took years to scrap the vessel, but the work gave birth to the industry in Bangladesh. Until 1980, the Gadani Ship Breaking Yard of Pakistan was the largest shipbreaking yard in the world.[citation needed]