Demolition report dated 12 July 2019

Markets remain stuck in the quagmire this week, with local steel plate prices declining across all subcontinent markets and by about USD 35/LDT in India over the course of a few weeks, Bangladesh is still reeling from the 10% VAT that was imposed in their recently announced annual budget, the Pakistani market has remained quiet as domestic fundamentals remain under pressure and lastly Turkey seems entombed by its fundamentals as the Lira weakens once again.

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 or register to view this page. If you are unsure of your membership, or wish to become a member, please contact


in Copenhagen, DK

Stay up to date

Receive up to date market information on a number of topics, such as newbuilding and demolition reports as well as a weekly perspective in the Shipping Number of the Week newsletter.



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.