Demolition report dated 17 May 2024
Following on from last week’s unexpected shock via the intentional depreciation in the value of the Bangladeshi Taka, it has been an altogether quieter week of sales and activity in the country as domestic ship recyclers weigh in on the potential costs & implications of further depreciations, given that the Taka slipped further into BDT 117 territory against the U.S. Dollar this week.
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:
21 May 2024
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