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Demolition report dated 11 September 2020

15 September 2020

Travel and ship deliveries / take overs have been thrown into question once again, as certain locations tighten restrictions on seafarers, particularly from the worst affected locations, such as 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 4 September 2020

07 September 2020

A whole raft of sales have reportedly been concluded over the past week or so and into all markets, as subcontinent recycling locations finally get back into the groove after the prolonged absence and declining rates witnessed during the peak of the Covid-19 crisis this year. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 28 August 2020

31 August 2020

After some mammoth gains over the previous weeks, a touch more caution has started to enter the markets this week, particularly from both India and Pakistan. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 21 August 2020

24 August 2020

A major correction in Indian steel plate prices by nearly USD 20/LDT this week has led to some jitters in Alang, especially after prices had rocketed up from their lows below USD 300/LDT over the previous months. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 14 August 2020

17 August 2020

Despite the highest daily record of Covid-19 cases being reported across the globe in a single day and an increasingly worrying situation in India, the subcontinent ship recycling markets (and Turkey) continue to push on. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 07 August 2020

10 August 2020

Following nigh on USD 150/LDT being knocked off prices, subcontinent markets are currently poised on a much firmer footing this week, especially as the negativity and constant declines of the second quarter begin to be blown away with some of the incredibly aggressive offers on show. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 31 July 2020

03 August 2020

In the wake of the Coronavirus crisis and following a woeful decline in prices & demand during the second quarter of the year, all subcontinent locations have finally started to post increasingly positive returns this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 24 July 2020

28 July 2020

Pakistan has been and continues to surge ahead of its sub-continent competitors in recent weeks, with some astounding numbers being tabled. This week, it was no different with another couple of rather high-priced bulker sales being confirmed to Gadani Buyers. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 17 July 2020

28 July 2020

All subcontinent markets continue to display signs of positivity this week, as deals of previously concluded units already in Cash Buyer hands were reportedly done at some clearly improving levels into all locations. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 26 June 2020

28 July 2020

India continued its depressing downward spiral this week, with all market sales into Alang reportedly taking place below the USD 300/LDT mark, all while a resurgent Pakistani and Bangladeshi market managed to pick up the remains of mostly non-green tonnage currently making the rounds. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.