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This document provides updated information on threats affecting merchant ships in the Red Sea, Gulf of Aden (GoA), Gulf of Oman (GoO) and the Western Indian Ocean.
This document provides the most recent information on threats affecting merchant ships in the Red Sea, Gulf of Aden (GoA), Gulf of Oman (GoO) and the Western Indian Ocean.
This document provides the most recent information on threats affecting merchant ships in the Red Sea, Gulf of Aden (GoA), Gulf of Oman (GoO) and the Western Indian Ocean.
In a notice released on 5 May 2022, India’s Ministry of Power instructed all power plants to increase their imports of coal. Specifically, the Ministry demands that power plants designed to run on domestic coal start importing at least 10% of their requirements.
We have seen the first signs of cooling in the Indian sub-continent markets this week, as steel plate prices declined by about USD 30/LDT in Bangladesh. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
With the summer / monsoon season fully under way across the Indian sub-continent, prices and demand have started to decline across the board for various reasons. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.