Demolition report dated 30 November 2018

It was another troubling week in the Indian subcontinent ship recycling markets as fundamentals tumbled in the various markets, leaving Cash Buyers, who previously purchased units at the peak of the market, unable to offload their inventory and this struggle will only get worse as new lower realities in the subcontinent markets are increasingly evident by the day.

The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

MEMBER SECTION

If you are a member, please login or register to view this page. If you are unsure of your membership, or wish to become a member, please contact membership@bimco.org.

 

in Copenhagen, DK

Stay up to date

Receive up to date market information on a number of topics, such as newbuilding and demolition reports as well as a weekly perspective in the Shipping Number of the Week newsletter.

 

ELSEWHERE ON BIMCO

Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.