Demolition report dated 6 December 2024

Overall, ship recycling markets have mercifully stabilized of late and as the year-end nears, a price floor seems to have been established after a year of significant declines that has seen nearly USD 150/LDT in prices, lost in a matter of months. 

 

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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