Demolition report dated 15 January 2021

Just as quickly as the markets came up over the last month or so, they have declined just as fast and sharply over the last couple of weeks - particularly in Bangladesh, which has essentially lost all of the pricing ground that this market had gained recently, in shocking and unexpected reversals this week.

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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