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As we close out another year, sub-continent markets remain suspended at their weakest point for some time now. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Sub-continent markets remain firmly poised for another week, particularly in Bangladesh and a now resurgent India. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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.
After a bumper week of sales, things certainly slowed a touch this week with just the one VLCC sale to report, as the number of VLs already committed through 2018 steadily creeps towards 30. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The remaining signatures required for the Pakistani market to reopen for tankers, were delivered. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
It seems as though we may have finally hit a peak as levels start to slide once again The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Ongoing rumors surrounding a potential Pakistan re-opening for tankers within the next month began to further intensify this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
A few (perhaps overdue) signs of a market softening started to emerge from the various sub-continent locations this week The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
CALLING THE SHOTS! The primary focus of the industry has remained the soaring Indian market The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
IRRATIONAL EXUBERANCE! The recently witnessed hot streak from the sub-continent markets continued for yet another week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
