Demolition report dated 04 March 2022

It was another incredibly firm showing from the sub-continent markets this week, particularly Bangladesh and even a recently resurgent India (who now seem to be competing even more on tonnage), whilst Pakistan misses out on units once again, largely behind on the numbers due to local concerns surrounding the impact of the ongoing war in Ukraine.

The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

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