- Demolition report dated 16 February 2024
- Demolition report dated 9 February 2024
- Demolition report dated 2 February 2024
- Demolition report dated 26 January 2024
- Demolition report dated 19 January 2024
The week before Chinese New Year has finally brought some semblance of stability, to a ship recycling market that seemed to be in freefall over the previous month. Indeed, most Cash Buyers have been struggling to offload their existing overpriced inventories at anywhere near sensible / breakeven levels, resulting in something of a panic as a majority of these vessels are now headed to the only bullish market (Bangladesh), in the hopes of salvaging whatever little could be financially scraped out of a deal.
The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
If you are a member, please login using the orange button at the top of the page to view the full article, or register.
If you are unsure of your membership, or wish to become a member, please contact email@example.com.
For general guidance and information on cargo-related queries.
Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.