Demolition report dated 24 November 2023

Sub continent pricing and sentiments remain stranded in the low 500s/LDT and for certain units even below, as we meander aimlessly towards the end of the year with very little serious and enticing levels to induce either owners or cash buyers to sell.

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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