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Demolition report dated 9 April 2021

12 April 2021

The nationwide lockdown in Bangladesh has been extended until the evening of April 13th as Covid-19 cases continue to worryingly escalate in the country, whilst Bhavnagar on the other side has also imposed a curfew of its own, following the lockdown imposed in the state of Maharashtra (where Mumbai is) last week, possibly affecting the international departures of incoming crew. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Dry cargo market report dated 9 April 2021

12 April 2021

Panamax: The Panamax market was described by some as floorless this week, with significant declines across the board and at the time of writing no sign of halting. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.