Demolition report dated 29 October 2021

It has been another impressive week in the Indian sub-continent ship recycling markets as prices pushed on past USD 600/LDT (especially on certain decent spec vessels) and as the cobwebs from the September sub-continent lull seem to have been well and truly blown away at this time, prices seem likely to push on to their highest levels of the year thus far.

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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