Demolition report dated 12 April 2024

Indian sub-continent ship recycling markets enjoyed a ‘greater than expected’ degree of a post-Ramadan resurgence as vessel prices across the various destinations seemed to have concurrently enjoyed varying degrees of an uptick this week on the back of which, some eye-opening sales were seemingly concluded into the various sub-continent locations.

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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