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Demolition report dated 2 November 2018

The supply of tonnage, particularly in the beleaguered tanker and container sectors, continued at pace this week, amidst another mixed showing from the local markets. There seems to be a greater degree of Cash Buyer speculation brewing than there is actual appetite for tonnage from the various markets. 

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: 05 November 2018

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