Demolition report dated 9 February 2024
Despite the Pakistani & Bangladeshi markets stabilizing & displaying a far greater aggression at the bidding tables over the last 5 weeks (that too at ever improving rates), in addition to the long awaited Chinese New Year holidays that have finally descended across the world, it has been a remarkably quieter start to 2024 for ship recycling than many had anticipated.
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:
12 February 2024
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