11 December 2023
The lackluster end to the year in sub continent recycling markets continues for another week as disappointed owners and cash buyers face selling their inventory into markets where prices have slumped. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
12 April 2023
With holidays underway across much of the world, it has been a far quieter week in terms of sales & activity, whilst sentiments and pricing remain further muted as a result. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
27 March 2023
Sub-continent markets appear to be more tentatively poised this week, with a cooling demand and lower levels that are increasingly reflective of domestic steel prices and have likely peaked. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
24 May 2022
Another woeful week of declining sentiments has left all of the major global ship-recycling markets on edge as the industry approaches the summer / monsoon months in the sub-continent. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
06 April 2022
Both Pakistani and (especially) Indian markets have come surging back this week, to lead the way over a lackluster Bangladesh that has virtually dropped out of contention of late. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
28 July 2020
All subcontinent markets continue to display signs of positivity this week, as deals of previously concluded units already in Cash Buyer hands were reportedly done at some clearly improving levels into all locations. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
11 February 2019
After an extended period of withering optimism, this week, several sales at curiously high numbers seems to suggest that certain Cash Buyers are confident about a return to form for the market. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
19 June 2018
Activity and sales seemed to gain momentum this week – perhaps with the anticipation of firming levels in the near future. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
20 March 2018
Unsurprisingly this week, another four VLCC sales (both market and private) were reported, further adding to the burgeoning volume of large LDT wet units that have been sold through 2018 already The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
28 January 2021
The mechanism supporting the generation of reports has changed since version 4. The development team is currently making the necessary adjustments so full reports are once again available. This is expected in the second quarter of 2021.