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Demolition report dated 5 March 2021

08 March 2021

This week, steel prices in Asian recycling markets (save for India) have shot back up again, as this rollercoaster year continues. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

BIMCO seeks participants for inventory of hazardous materials survey

20 May 2020

In an effort to understand the situation that members are facing, BIMCO is launching a survey regarding the European Union’s Ship Recycling Regulations’ (EUSRR) requirement of Inventory of Hazardous Materials (IHM) that most cargo ships must comply with from 31 December 2020.

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.

Ship financing just got less complicated

02 May 2018

BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on May 2 in New York.

Demolition report dated 30 August 2019

10 September 2019

Prices remain marooned in the mid USD 300s/LDT as a sluggish summer of offers and sentiments in the global ship recycling markets nears an end. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Tanker market report 27 August 2021

30 August 2021

The latest VLCCs that have been reported as scrapped have joined a small, but up to recently growing number of tankers heading to recycling yards. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Demolition report dated 30 March 2018

04 April 2018

The anticipated and feared price decay seems to have truly set in this week, with constant declines across all recycling locations The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Tanker market report dated 19 January 2018

22 January 2018

Demolition Rebound - One of the few bright spots for the tanker market last year was the notable increase in recycling sales. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Demolition report dated 29 December 2017

02 January 2018

Ship recycling pays! 2018 is expected to continue in a similar vein, with a major focus falling on the wet and offshore sectors The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.