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Demolition report dated 22 December 2017

28 December 2017

GOOD CHEER SPREADS! Even though the markets recently witnessed a flurry of early-to-mid 90s built Capesize bulker sales from the Korean market (ones that were coming off government charters and being sold for scrap), it has been remarkably quiet on the dry (and container) recycling fronts this year as freight rates in both these sectors have made decent recoveries. 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 November 2017

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.

Demolition report dated 27 October 2017

31 October 2017

RAYS OF HOPE? After what has been a rather dour period for the international ship recycling markets, the first glimmers of stability finally started to emerge this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

MEPC reaffirms that early movers of ballast water systems are not penalised

07 July 2017

MEPC 71 progressed in ensuring smoother implementation of the ballast water convention. One of the achievements was reaffirming the agreement regarding the provisions for non-penalisation of early movers that have installed ballast water management systems according to G8 guidelines.