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Demolition report dated 4 January 2019

07 January 2019

After a slightly sluggish festive period (in terms of sentiment and pricing) and as the industry head into the New Year, there was brewing optimism for a return to form in the subcontinent ship recycling markets. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 2 November 2018

05 November 2018

The supply of tonnage, particularly in the beleaguered tanker and container sectors, continued at pace this week, amidst another mixed showing from the local markets. There seems to be a greater degree of Cash Buyer speculation brewing than there is actual appetite for tonnage from the various markets.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

NAVEXCON

20 September 2016

The Standard Naval Exercise Contract, NAVEXCON, was developed for the short-term charter of merchant ships to participate in military navigational exercises. In order to properly train military personnel in navigation techniques and to familiarise them with the handling of modern merchant tonnage, regular training exercises are conducted by many navies. This type of training is also useful for familiarising merchant navy personnel with the sort of pilotage techniques likely to be encountered in time of conflict. The latest edition of this contract is NAVEXCON, issued in 1996.