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MAKING MOVES! A handful of container sales took place into India at previously unthinkable levels – something that will certainly offer encouragement to Ship Owners with tonnage to sell before the end of the year The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
DECLINE HALTED? The unrelenting decline witnessed across all recycling locations during the recent weeks seems to have halted this week The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
PERFECT STORM: Most sub-continent recyclers are entering the dreaded wait-and-watch mode to see where prices are heading, before committing themselves to new units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Over the last few weeks, local steel plate prices have suffered near catastrophic declines in Turkey and to some extent China. This in turn seems to have had a knock on / negative effect on the sub-continent markets resulting in overall prices for ships gradually starting to decline below the historically impressive USD 400/LDT mark. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
As September draws to an end after the recent remarkable rally in prices, all sub-continent locations are now displaying an increasing resistance to the firming levels and except Pakistan (to an extent), both Bangladeshi and (especially) Indian end-buyers are starting to reverse their prices. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Another busy week of sales and speculative offerings seemed to convey a sector with a booming demand and buoyant pricing, as the recent rally in local steel plate prices showed few signs of abating. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
MDAT GoG have published useful quarterly reports which capture the past 6 months of incidents in the Gulf of Guinea.
Containership demolition reach all time high and provides a positive surprise for the struggling container shipping industry.
An overview of the reports and analysis available to BIMCO members.
The gulf in prices between the sub-continent markets finally started to tell this week, as Pakistan pulled ahead of its regional competitors, with a stunning show on prices on any available dry units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
