Demolition report dated 29 March 2024

Whilst various port positions remained thinned out across the Indian sub-continent ship recycling waterfronts over recent weeks, many of the tired old complaints about poor & adverse market conditions (particularly in India) or those of an extremely malnutritioned spread of recycling tonnage that remains available for sale, continue to fall on deaf ears especially given that the saturated state of affairs has brushed all industry players the wrong way since the start of the year.

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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