Demolition report dated 18 June 2021

All fiscal budgets in the Indian sub-continent markets have been announced in the past month or so, without any duties / taxes being levied on their respective domestic ship recycling sectors, and this has left all areas positively positioned moving into the summer / monsoon months.

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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