Athenian Shipbrokers SA Ship Recycling Weekly Report

As President Trump’s inauguration and looming tariffs lie days ahead, outgoing President Biden’s unrelenting efforts

This week in ship recycling, the markets across all major destinations followed their ongoing trends, some more predictably than others.

Athenian Shipbrokers SA Ship Recycling Weekly Report

This week earmarked President Biden placing sanctions against China’s national shipping arm COSCO, on the basis of the company

This week, the ship recycling industry across major destinations continued to reflect a subdued tone, with markets largely stagnant and waiting

Athenian Shipbrokers SA Ship Recycling Weekly Report

As forecasted in last week’s edition of the WEEKLY, 2025 seems to have started on an optimistic note in the ship recycling markets,

The new year has naturally carried forward the cautious sentiment of the previous one, with the overall ship recycling market remaining subdued

Athenian Shipbrokers SA Ship Recycling Weekly Report

As a year of turmoil & global economic tumult winds down on a quiet note as has historically been the case for the week between Christmas and New Year, the world silently turns its way to anticipating a 2025 that is bearing all the signs of a comparatively busier period across all sectors. For week 52 however, it was a different story as not only did global trade ease this week, but economies also took a breather against the raging U.S. Dollar as well, as most ship recycling nation currencies ...

As the year comes to a close, we extend our heartfelt gratitude and best wishes to you. May this holiday season bring you peace and joy

Athenian Shipbrokers SA Ship Recycling Weekly Report

As the world stands teetering on the edge of completing another circle around our sun, economies worldwide continue to struggle amidst a greater prevailing unease. On the back of a strengthening U.S. economy that saw the U.S. Feds cut another 0.25% in interest rates this week, the U.S. Dollar continued to make the present, a testy time for most ship recycling nations as respective currencies continue to either not trade (on account of a lack of available domestic reserves) or continue to lose ground against a firming Dollar. Stresses around ...

This week, the ship recycling markets across the four major destinations continued to face challenges, with little improvement in activity or pricing.