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.
11 May 2021
Despite the escalating Covid-19 crisis unfolding across the sub-continent, markets still remain firm as we head into Eid holidays next week. 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.
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.
06 March 2018
The excitement being generated by an imminent Pakistani reopening for tankers coupled with soaring steel plate prices led to an unexpected market lift off this week The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
02 January 2018
Ship recycling pays! 2018 is expected to continue in a similar vein, with a major focus falling on the wet and offshore sectors The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
18 January 2019
The best performing port, in BIMCO’s Dry Bulk Terminals Vetting Report 2018, is Szczecin in Poland. The report collected input from 144 ships covering 381 terminals. A total of 97% of the reports were rated as average or better, which gave an average rating of 3.6 (out of five). The result is a marginal better than last year’s results.
12 December 2017
RATE RISE! It would not be surprising to see several more sales take place in a similar vein before 2017 ends (probably even higher). The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.