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Demolition report dated 22 September 2017

26 September 2017

Another busy week of sales and speculative offerings seemed to convey a sector with a booming demand and buoyant pricing, as the recent rally in local steel plate prices showed few signs of abating.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 22 December 2017

28 December 2017

GOOD CHEER SPREADS! Even though the markets recently witnessed a flurry of early-to-mid 90s built Capesize bulker sales from the Korean market (ones that were coming off government charters and being sold for scrap), it has been remarkably quiet on the dry (and container) recycling fronts this year as freight rates in both these sectors have made decent recoveries. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 6 October 2017

10 October 2017

Over the last few weeks, local steel plate prices have suffered near catastrophic declines in Turkey and to some extent China. This in turn seems to have had a knock on / negative effect on the sub-continent markets resulting in overall prices for ships gradually starting to decline below the historically impressive USD 400/LDT mark. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 13 October 2017

17 October 2017

PERFECT STORM: Most sub-continent recyclers are entering the dreaded wait-and-watch mode to see where prices are heading, before committing themselves to new units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 20 October 2017

24 October 2017

TURBULENT TIMES! Marginal change and ongoing diminishing activity in the Bangladeshi market came as no surprise to industry players 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 27 October 2017

31 October 2017

RAYS OF HOPE? After what has been a rather dour period for the international ship recycling markets, the first glimmers of stability finally started to emerge this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.