Demolition report dated 7 July 2023

With many sub-continent yards still closed post Eid holidays, mixed in with the ongoing monsoon season, and all of it brewing in a stew of a total lack of tonnage, it has certainly been another lethargic and inactive week (and a majority of the year so far) for recycling sales as we enter the 3rd quarter of 2023 and prices being quoted are so unworkably below market expectations at present, a bounce back anytime soon seems unlikely. 

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




Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

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.