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Read the latest digest of maritime security incidents and the weather forecast for piracy threat areas for the week to come.
Read the latest digest of maritime security incidents and the weather forecast for piracy threat areas for the week to come.
Read the latest digest of maritime security incidents and the weather forecast for piracy threat areas for the week to come.
Read the latest digest of maritime security incidents and the weather forecast for piracy threat areas for the week to come.
Even though the Indian sub-continent ship recycling markets are being painfully introduced to a merciful collection of small(er) LDT vessels of late - the sales of which are being confirmed via the weekly port reports of both Bangladesh and a (fiery) Pakistan - it has remained an utterly sleepy & tranquilized week across the major ship recycling markets; including Turkey, which suffered further declines of its own this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Capesize: For the first half of the week, the market faced subdued activity, particularly in the Pacific with a slight downward movement on rates on C5.
Capesize: The Pacific market this week was marked by overall sluggishness, experiencing limited activity.
Capesize: Throughout the week, the Capesize market experienced mixed dynamics.
Capesize: The Capesize market closed out a generally underwhelming week with positive sentiment and an uptick in the final days with the 5TC lifting +2905 to settle at $29,938. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
