02 January 2024
The last week of the year delivered unto the international ship recycling community & industry overall a ship load of mixed feelings. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
06 February 2023
Another solid showing from sub-continent markets has given encouragement to Ship Owners and Cash Buyers, to start testing potential prices with firm candidates. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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.
08 March 2021
This week, steel prices in Asian recycling markets (save for India) have shot back up again, as this rollercoaster year continues. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
15 February 2021
Having endured a turbulent start to 2021, subcontinent ship recycling markets continue to gradually stabilize as levels settle in the low USD 400s/LDT The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
28 July 2020
All subcontinent locations have enjoyed several weeks of positivity, as sales have and continue to take place at increasingly firm numbers. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
06 April 2020
All of the major recycling locations remain under lockdown for yet another week as the Coronavirus pandemic spreads across the globe. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
10 September 2019
Prices remain marooned in the mid USD 300s/LDT as a sluggish summer of offers and sentiments in the global ship recycling markets nears an end. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
20 February 2018
Ongoing rumors surrounding a potential Pakistan re-opening for tankers within the next month began to further intensify this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
07 February 2018
The markets appeared to apply the necessary brakes as there appeared to be no further weakening in sub-continent prices and sentiment The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.