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Demolition report dated 04 December 2020

07 December 2020

The dissolution of the cartel has seen prices shoot up in Bangladesh over this past week – perhaps to an irrational and somewhat speculative degree, as local levels cooled off towards the end of the week, in conjunction with declining local steel plate prices. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Sale & purchase report dated 1 December 2020

02 December 2020

SnP activity remains at healthy levels this past week with prices for both the dry bulk and tanker units currently offering discounts. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Demolition report dated 27 November 2020

30 November 2020

Following a lackluster few quarters for the Bangladeshi market, demand has come surging back and prices in a cartel-less Chattogram shot up this week as local offers are no longer going through (or are restricted by) a committee of powerful local individuals, who had set up the cartel to begin with. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Sale & purchase report dated 25 November 2020

25 November 2020

In the Secondhand market, a very small number of tanker deals concluded last week, with owner’s appetite focusing again on dry bulk units; among them, Supra/Ultramax sector gathered most of the interest. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.