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Demolition report dated 22 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.

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Posted: 28 December 2017

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