Demolition report dated 16 February 2024

Despite Chinese New Year Holidays concluding on Friday, a pervading theme of an unrelenting dearth in the overall availability of tonnage across global ship recycling markets has been enduring for several quarters now, resulting in another dry and dreary week of market inactivity and silence across all recycling destinations.

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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