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Monday, 30 August 2010 |
 Most pundits in the recycling industry expected the negative outcome from Bangladesh (Chittagong yards remaining closed until October), to soften prices in India and Pakistan. While we did see a loss of confidence in these
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Monday, 23 August 2010 |
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After months of waiting and delays, a decision was finally rendered by Bangladeshi courts; no ship recycling until ship recyclers follow environmental guidelines!
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Monday, 16 August 2010 |
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The Indian sub continent has reached a critical phase for the yar with, the fnal outcome of the decisive hearing to reopen the Bangladeshi market due on Monday, Pakistan market winding down for Ramadan (and beset by political turmoil), and lastly Indian becoming inundated by most of the available/remaining tonnage in the market.
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Monday, 09 August 2010 |
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Some big numbers and high priced speculation remained in place following the glut of sales reported into Pakistan and India last week.
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Monday, 02 August 2010 |
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An eventful week in the industry saw the Bangladesh court having to adjourn until October before any possible resolution is made in regards to the environmental clearance on incoming ships.
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Monday, 26 July 2010 |
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A significant amount of large LDT tonnage found its way onto the market as levels showed some positive signs of firming and even potentially holding. Pakistan and India were again the primary beneficiaries taking in all of the market tonnage for consecutive weeks,
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Monday, 19 July 2010 |
Falling dry charter rates have seen a greater number of bulkers make their way onto the market – the second capsize vessel in as many weeks was committed to WC India, at levels above USD 400
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Monday, 12 July 2010 |
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A busier week on the sales front saw a number of large LDT and high profile units committed to buyers in both Pakistan and India. Following on from the sale of the TMT controlled VLCC FRONT SABANG last week for USD 415/LT LDT to Pakistan,
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Monday, 05 July 2010 |
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After the recent crushing fall in price of more than $100/Ton, the recycling industry has new, for the second week in a row, witnessed a notable firming of levels,
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Monday, 28 June 2010 |
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A greater degree of buoyancy was evident in the market this week as a number of candidates were committed and actively working, In stark contrast to last week when just the one market sale was reported,
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Monday, 21 June 2010 |
A relative calm return to the recycling markets after the glut of sales reported last week. Only one vessel made it onto the market sales board, as activity appeared to slow and candidates to dry up.
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Monday, 14 June 2010 |
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An increase in the number of sales – particularly for India and Pakistan – failed to mask the overall dire sentiment that has crept into the local markets over the past few months. Buying has been nervy and fraught with renegotiation and half-hearted offering
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