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Demolition report dated 15 May 2020

18 May 2020

Whilst the various recycling destinations remain far from fully open today, the anticipation of subcontinent markets opening within the month/before June has once again motivated Cash Buyers to take speculative positions and commit vessels at some firmer levels over the recent weeks. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 8 May 2020

11 May 2020

There has been a slow and cautious easing of restrictions in ship recycling sectors across the Indian subcontinent markets as certain yards get back to work in Alang and a few vessels waiting for special permissions in Bangladesh have finally been allowed to beach this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 1 May 2020

04 May 2020

This week, as lockdowns were once again extended at all subcontinent locations until May 15/16th, the toll on frustrated Ship Owners and Cash Buyers has started to tell. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 17 April 2020

20 April 2020

Lockdown restrictions continue across the subcontinent markets for yet another week, as the world battles to bring the Coronavirus crisis under control. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 10 April 2020

14 April 2020

With all subcontinent locations still under a strict lockdown and virtually all global ports similarly observing quarantine measures, the deal flow for both trading and recycling markets have expectedly ground to a halt. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 3 April 2020

06 April 2020

All of the major recycling locations remain under lockdown for yet another week as the Coronavirus pandemic spreads across the globe. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 27 March 2020

30 March 2020

All subcontinent recycling locations have gone into a complete lockdown this week, as the Coronavirus wreaks its devastating damage across the globe. In India, Prime Minister Modi has ordered the entire population of the country into a 3 week home-quarantine, in order to curb a national disaster on the scale of the Spanish flu that was witnessed over 100 years ago in 1918 and which claimed nearly as high as 50 million lives globally. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 20 March 2020

24 March 2020

Pandemonium has been sweeping across the globe this week, as an increasing number of ports worldwide have reported shut downs, quarantines on incoming crew are being imposed at those that are still open for operation, and recycling deliveries are being jeopardized – both for ships arriving Indian subcontinent locations and for many ‘as is’ recycling deals the world over. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 13 March 2020

16 March 2020

This week, Indian subcontinent ship recycling markets went into yet another freefall, echoing sentiments across international stock markets, which have also tanked in response to the uncontrollable spread of the coronavirus, which has now been upgraded in status to a global pandemic. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.