Athenian Shipbrokers SA Ship Recycling Weekly Report

Bullish Buyers in both, the Indian and Pakistani markets, continue to push on for another week as they manage to secure

Athenian Shipbrokers SA Ship Recycling Weekly Report

Another week of speculation has passed in the Indian sub-continent ship recycling markets, as sales continue to register at ever increasing numbers, to increasingly bullish Cash Buyers who certainly seem to be banking on a Q4 revival. The chief proponents of this most recent and ongoing resurgence are India, and a re-merging Pakistani market that is back and bidding once again, after almost a year on the sidelines amidst political, financial, and disastrous economic chaos that nearly drove the country to a grinding halt. Bangladesh meanwhile remains stranded at the ...

Athenian Shipbrokers SA Ship Recycling Weekly Report

A glimmer of optimism seems to have been aroused in the sub-continent ship recycling markets this week, as several

Athenian Shipbrokers SA Ship Recycling Weekly Report

The ongoing complications experienced in the Indian sub-continent ship recycling markets have shown few signs of

Athenian Shipbrokers SA Ship Recycling Weekly Report

The lethargy in sub continent recycling markets continues for another week as owners and cash buyers comtinue to offload tonnage at spiralling prices, chasing down rates seemingly by the day. Indeed we have seen prices decline from over USD 600/LT LDT earlier this year, to seeing several standard (albeit poor condition) dry bulk sales below USD 500/LDT recently. So a fall of over USD 100/LDT has been realized in recycling markets since the start of the summer and the age old problems persist of strained LCs and lack of financing, ...

Athenian Shipbrokers SA Ship Recycling Weekly Report

It has been another intensely inert week in the Indian sub-continent ship recycling markets, with Bangladesh sinking to the bottom

Athenian Shipbrokers SA Ship Recycling Weekly Report

This week, recycling markets essentially became an unfeasible business-place as very few Recyclers were

Athenian Shipbrokers SA Ship Recycling Weekly Report