Demolition report dated 17 May 2024

Following on from last week’s unexpected shock via the intentional depreciation in the value of the Bangladeshi Taka, it has been an altogether quieter week of sales and activity in the country as domestic ship recyclers weigh in on the potential costs & implications of further depreciations, given that the Taka slipped further into BDT 117 territory against the U.S. Dollar this week.


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


If you are a member, please login using the orange button at the top of the page to view the full article, or register.

If you are unsure of your membership, or wish to become a member, please contact




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.