Demolition report dated 19 May 2023
Markets have been on an upward trajectory over the last couple of weeks as tonnage continues to remain at bare minimums, especially over the traditionally quieter summer / monsoon months and charter rates remain at acceptable enough levels for Owners to keep their various vintage vessels in the trading lanes.
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:
22 May 2023
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