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Demolition report dated 11 October 2019

After a brief spike in the markets (which saw a few vessels sold at increasingly firm numbers, some of which even crept past the USD 400/LT mark), there now appears to be a resurging resistance from local Recyclers to improve prices any further.

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: 14 October 2019

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