Demolition report dated 23 June 2023
After last week’s positive news surrounding Bangladesh’s ratification of the Hong Kong Convention, it has been a comparatively muted week in terms of sentiments, sales, and activity, especially as financial constraints continue to hamper the efforts of Chattogram Buyers in keeping domestic yards busy / occupied, especially as new construction and infrastructure projects look to be initiated in the country post-Budget.
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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Posted:
26 June 2023
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