Demolition report dated 24 December 2021

As the Christmas holidays approach, activity has cooled off significantly with very few fresh units being introduced into the market for sale. Notwithstanding, demand remains good - even at these reduced numbers - and it is surely a matter of time before some improvements in price are seen, given the stinging paucity of supply.

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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