11 March 2024
Even though the Indian sub-continent ship recycling markets are being painfully introduced to a merciful collection of small(er) LDT vessels of late - the sales of which are being confirmed via the weekly port reports of both Bangladesh and a (fiery) Pakistan - it has remained an utterly sleepy & tranquilized week across the major ship recycling markets; including Turkey, which suffered further declines of its own this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
23 February 2024
26 February 2024
In spite of Chinese New Year holidays having concluded over a week ago, the ongoing & unending lethargy that is permeating through global ship recycling markets is now being exclusively driven by the relentless & futile shortage of tonnage that is expected to continue until Spring (at the very least), the much-anticipated rebound in global recycling volumes that so many in our industry had been waiting (hoping) for before the turn of the year, has unfortunately failed to materialize. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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.
15 February 2021
Having endured a turbulent start to 2021, subcontinent ship recycling markets continue to gradually stabilize as levels settle in the low USD 400s/LDT The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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.
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.
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.
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.
07 November 2017
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.
