Demolition report dated 24 May 2019

The landslide victory for Prime Minister Modi in India has seen the domestic market shoot to the forefront of proceedings, as optimism returns to a previously nervous sector. In truth, the decline of the Bangladeshi market over the last few weeks and the consistent inadequacies of Pakistan over the last 3 quarters have meant that India was likely to be at the top of the standing by default, especially as the market heads towards the monsoon season. 

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




Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

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.