Demolition report dated 15 March 2024

With the conclusion of week 11, the ongoing & seemingly endless dearth in the supply of viable candidates has been mercifully keeping the Bangladeshi & Pakistani ship recycling markets steady on the one hand, including this week where it graciously provided our friends and associates celebrating the onset of the Holy month of Ramadan, more time with their families amidst daily prayers and religious celebrations.

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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