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Demolition report dated 25 June 2021

29 June 2021

As we close out June and head into peak monsoon season in the sub-continent markets, the recycling markets continue to perform surprisingly well. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Dry cargo market report dated 18 June 2021

21 June 2021

Capesize: The Capesize market continued the trend from last week, seeing solid improvements throughout the week on all routes - but lost ground in the very last day of the week. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

Demolition report dated 18 June 2021

21 June 2021

All fiscal budgets in the Indian sub-continent markets have been announced in the past month or so, without any duties / taxes being levied on their respective domestic ship recycling sectors, and this has left all areas positively positioned moving into the summer / monsoon months. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Dry cargo market report dated 11 June 2021

16 June 2021

Capesize: The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

Demolition report dated 11 June 2021

14 June 2021

With budgets due in both Bangladesh and Pakistan this week, it has been somewhat of a tentative period for both markets, with much of the recent momentum stalled whilst rates and sentiments have been declining (in Chattogram in particular).  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 4 June 2021

07 June 2021

A greater degree of caution seems to have entered the market this week, both on the Cash and End Buyers sides, as some of the more bullish offerings seen over the past few months begin to gradually subside.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Dry cargo market report dated 4 June 2021

07 June 2021

Capesize: The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.