Demolition report dated 26 January 2024

Ongoing geopolitical events and the recently unfolding conflict in the Middle East have certainly managed to keep global trading lanes busier and the freight markets unseasonably high, all at a time when many had been expecting the Dry Bulk & Container sectors to cool off as the industry approaches the traditionally quieter Chinese New Year holidays early next month.

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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