20 November 2023
As Diwali holiday celebrations concluded earlier in the week, Alang Recyclers seems to slowly be filtering back to work amidst declining plates prices, sentiments, and local offerings that remain stagnant. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
25 October 2022
The world finally gathered this week at the Tradewinds ship recycling conference in Dubai, for the first time in three years due to the onset of the pandemic. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
24 January 2022
It has been an increasingly static week in the Indian sub-continent ship recycling markets, especially after some early 2022 optimism displayed by a resurgent India in particular. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
26 October 2021
After the recent brief lull, levels have spiked in the sub-continent once again last week, pushing above USD 600/LDT on most available units once again. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
08 February 2021
This week, the big news from the subcontinent markets concerns the announcement of the Indian budget, which proposes DOUBLING the capacity in Alang for taking in ships for recycling. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
04 May 2020
This week, as lockdowns were once again extended at all subcontinent locations until May 15/16th, the toll on frustrated Ship Owners and Cash Buyers has started to tell. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
24 February 2020
Despite the recent decline across all recycling sectors, SNP activity and deal flow remains comparatively high, especially as freight markets show few signs of improving anytime soon. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
29 October 2019
Despite hopes that the markets may be on the rise once again, alarming reversals across all (subcontinent) locations over the past month seem to be firmly signaling the opposite. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
17 September 2019
Despite the fourth quarter of the year being well under way, it has been surprising to see the Indian subcontinent markets still stuck in the ongoing doldrums. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
02 January 2019
With the final week of 2018 upon us, we take the opportunity to reflect on another interesting year of progress and change across the international ship recycling markets The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.