As we approach the final months of the year, the Indian sub-continent recycling destinations have settled

EC has published guidelines on EU-SRR regarding IHM certification since the deadline is approaching and vessels might not get certified due to COVID-19.

Due to Bangladesh breakers price limit, as well as the winter months quickly approaching

Allied Shipbroking – Weekly SnP Statistics Report Week 42 2020

After weeks of uncertainty following the formation of a cartel in Bangladesh and the ongoing volatility in competing markets

Good news is that the supply side of oxygen is getting better as the number of covid cases are stable in India

Allied Shipbroking – Weekly SnP Statistics Report Week 41 2020

With dry bulk rates as well as the container market on the rise lately

After a period of turbulence and uncertainty, Indian subcontinent sentiments and prices appear to have turned somewhat this week, as Cash Buyer

Currently 70% of the yards are active with an increased operational cost and as a result Recyclers are adjusting to the current situation accordingly.

Allied Shipbroking – Weekly SnP Statistics Report Week 40 2020

After a stunning surge in the third quarter of the year that saw much of the losses incurred due to the pandemic reversed,

Allied Shipbroking – Weekly SnP Statistics Report Week 38 2020

With a second wave of European Coronaviruscases being almost certain, the LME markets

The prominent news this week centered on the formation of yet another cartel in Bangladesh,