Despite all major ship-recycling destinations registering gains in steel plate prices (in unison) and to varying degrees this week, the summer lull continues across the board, with nearly no fresh tonnage to work on and a majority of vessels mooted for a recycling sale (both from Ship Owners and Cash Buyers alike) being converted back to trading again, especially by a re-energized second-hand market.
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 using the orange button at the top of the page to view the full article, or register.
If you are unsure of your membership, or wish to become a member, please contact email@example.com.
For general guidance and information on cargo-related queries.
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.