Demolition report dated 8 March 2024

Even though the Indian sub-continent ship recycling markets are being painfully introduced to a merciful collection of small(er) LDT vessels of late - the sales of which are being confirmed via the weekly port reports of both Bangladesh and a (fiery) Pakistan - it has remained an utterly sleepy & tranquilized week across the major ship recycling markets; including Turkey, which suffered further declines of its own this week.

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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