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International shipping industry organisations, with military support, have launched a new website dedicated to providing comprehensive maritime security guidance to companies and mariners.
As deals continue to be concluded into Alang, the Indian ship recycling sector remains on a positive footing overall, with Pakistan and (especially) Bangladesh still lagging behind. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Bullish Buyers in both, the Indian and Pakistani markets, continue to push on for another week as they manage to secure some of the recently recorded, high-priced sales from both - the dry bulk and container sectors. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
With holidays descending across the Indian sub-continent for Ramadan / Eid celebrations and the rest of the world prepares for Easter weekend, it has been a comparably quieter week in terms of sales and activity. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
It has been another impressive week in both the Indian and Pakistani markets, with reportedly several sales taking place above the USD 700/LDT mark. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The recent noteworthy drop in the Indian ship recycling market seems to have reverberated across the sub-continent recycling sector this week, as competing markets start to reverse their vessel offerings in near unison. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
MSCHOA has received an unconfirmed report that a Dhow was pirated in the vicinity of Eyl during the last 24 hours.
Indian sub-continent markets remain positioned on a largely firm footing, as a surprising shortage of tonnage keeps demand stuck high and prices propped up. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Despite the fourth quarter of the year being well under way, it has been surprising to see the Indian subcontinent markets still stuck in the ongoing doldrums. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
