Demolition report dated 17 January 2025
As forecasted in weeks prior and based on the trajectory of charter rates through the tail end of 2024 and even thus far in 2025, ship recycling markets should continue to enjoy a healthier Q1 of vessel introductions, as respective port positions enjoy fresh arrivals in both India and Bangladesh week after week, even highlighting the 48K LDT of recycling tonnage at both anchorages.
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:
20 January 2025
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