Demolition report dated 10 February 2023

An increase in the flow of tonnage has begun to buoy recycling markets and all potential locations are increasingly trying to secure vessels, in order to satisfy an progressively rampant demand that has built up over a record low influx of tonnage during a dreadfully quiet 2022. 

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

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