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Demolition report dated 31 January 2020

10 February 2020

International uncertainties have seeped through to the recycling markets this week as some dramatic reversals in both sentiments and pricing rocked the industry, leaving Cash Buyers who have bought some expensive tonnage and Ship Owners with fresh vessels to sell, suddenly find themselves chasing down the market. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 24 January 2020

27 January 2020

A sudden surge of tonnage pre-Chinese New Year holidays has started to put pressure on recycling markets once again, particularly as the already limited number of Recyclers of large LDT tonnage has started to get booked up. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 17 January 2020

27 January 2020

It has been another positive week across the Indian subcontinent ship recycling locations, with further improvements on levels and demand, particularly on favored container vessels that have been making the rounds of late. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 10 January 2020

14 January 2020

The exuberance displayed during the final few weeks of 2019 and the onset of 2020 has showed no signs of abating, with several increasingly impressive sales taking place at ever increasing numbers. 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 January 2020

14 January 2020

It has been a roaring start to the year with prices, particularly in India, pushing on to levels approaching (and in the case of certain containers, well above) USD 400/LT LDT. 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 December 2019

14 January 2020

As 2019 closes and the watershed year of 2020 comes into view with the increased price of low Sulphur fuel (or installation of scrubbers) that is set to affect the bottom lines and OPEX rates of Ship Owners the world over, it is set to be a busy few years ahead for the various ship recycling destinations. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 20 December 2019

06 January 2020

As we approach the final week of the decade, we can look back on another interesting and relatively active year in the recycling markets, with many milestones and achievements to celebrate the constant change in this evolving industry. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 13 December 2019

20 December 2019

Activity has ramped up in the final month of the year, with several sales of diverse and some large LDT units registering across all sectors. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 6 December 2019

11 December 2019

The final month of the year has provided some much needed respite and emerging positivity to an industry that has witnessed its fair share of crises and declines this year. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 29 November 2019

11 December 2019

Going into the final furlong of the year, virtually all markets seem to be positioned positively and activity has started to ramp up, with Ship Owners keen to exploit some of these better offerings on show, before costs on ‘as is’ vessels (ballasting the units to the subcontinent markets) start to significantly increase with the new (and higher) Sulphur fuel regulations that will come into effect from January 1st, 2020 The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.