End buyers hesitate to book new tonnage due to the lack of their workforce which left after the governmental directive a few weeks back.

Allied Shipbroking – Weekly SnP Statistics Report Week 20 2020

The forthcoming ease of restrictions of the recycling recycling destinations has created many promises ahead for the market.

Whilst the various recycling destinations remain far from fully open today, the anticipation of subcontinent markets opening

With monsoon approaching in the next two weeks, end buyers are disinclined to book new tonnages.

Allied Shipbroking – Weekly SnP Statistics Report Week 19 2020

A slow and cautious uplift of restrictions has been noted this week, enabling ship recycling markets to get back to work.

There has been a slow and cautious easing of restrictions in ship recycling sectors across the Indian subcontinent markets

Now that the workers have headed home, Recyclers at Alang are forfeit with 20% to 30% working hands at their premises.

Allied Shipbroking – Weekly SnP Statistics Report Week 18 2020

Yards with prior-approvals have started their recycling operations taking precautionary measures at every step.

This week, as lockdowns were once again extended at all subcontinent locations until May 15/16th,

Allied Shipbroking – Weekly SnP Statistics Report Weeks 16-17 2020

The number of cases of Covid-19 keep rising at a slower pace around the world affecting the recycling market,

As the number of Covid-19 cases continues to rise across the globe, the expected / enforced lockdowns across