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Demolition report dated 3 May 2019

06 May 2019

Activity seems to be slowing this week as the cut-off date for the budget in Bangladesh and the incoming monsoon season seem to overall hamper End Buyer offers and have considerably curtailed demand for later deliveries.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 19 April 2019

23 April 2019

As we near the cut off date of the Bangladeshi budget on June 5th and the upcoming monsoon season across the subcontinent markets, deals keep being concluded – particulary in the beleaguered Capesize bulker and container sectors. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 12 April 2019

16 April 2019

Some frantic buying ensued this week as the upcoming monsoon season and annual budgets begin to close in across the various subcontinent locations, both of which are expected within the next 4 - 6 weeks or so. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 5 April 2019

08 April 2019

With a previously beleaguered Pakistani market starting to return to a firmer footing last week, it seems we may soon have all of the sub-continent markets firing on and keen to buy before the monsoon season sets in towards the end of May.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 29 March 2019

01 April 2019

After a frantic period of activity through most of March, sales have somewhat slowed this week. Surprisingly, India lost several high profile HKC SoC vessels for green recycling last week, to the only RINA approved yard in Bangladesh. However, given that this yard has taken in its quota, India has managed to get back into the buying this week, with a few interesting (market and private) green recycling sales The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 22 March 2019

25 March 2019

Sales of a diverse array of vessels continued at pace this week, particularly into the Bangladeshi market, which continues to increasingly get stuffed with large LDT fixtures and subsequent deliveries. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 15 March 2019

18 March 2019

Markets remained under pressure this week, with very little change reported that could affect the status quo. As Bangladesh continues to fill up and gradually run out of keen & capable end Buyers, India continues to suffer extreme volatility in local plate prices and Pakistan rounds off the sub-continent markets while it rests out of the reckoning.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 8 March 2019

11 March 2019

Contrary to the levels at which some of the sales registered this week, local markets actually witnessed a slump in prices and sentiments, as Bangladesh continues to run out of room and local steel plate prices slid throughout the tail-end of the working week in India. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 1 March 2019

04 March 2019

After some worrying declines at the start of the year, the Indian sub-continent markets appear to have stabilized of late, with Bangladesh (and now India) still positioned on a positive footing as we enter the third month of the year. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.