Allied Shipbroking – Weekly SnP Statistics Report Week 20, 2018

Last week was a silent one as demolition activity seemed to cool down due to the great number of already existing inventory, which keeps

After a bumper week of sales, things certainly slowed a touch this week with just the one VLCC sale to report, as the number of VLs already

Allied Shipbroking – Weekly SnP Statistics Report Week 19, 2018

The demolition activity retained its steady course with local recyclers though having a more prudent approach. The Bangladeshi market

Following the official reopening of the Pakistani market for tankers, the offloading of the plethora of unsold tanker / VLCC tonnage continued

Allied Shipbroking – Weekly SnP Statistics Report Week 18, 2018

The demolition market remained in a fluid state, with the majority of end users being cautious. This was true in Bangladesh, where a gradual

Tanker related activity ramped up this week as Cash Buyers managed to offload part of the 10 unsold VLCCs that remain in various Cash Buyer

The previous week was a rather interesting one with updates in different fronts. The Indian market was cautious, as the adverse movement of

Allied Shipbroking – Weekly SnP Statistics Report Week 17, 2018

The long awaited news of the Pakistani market reopening for tankers finally became a reality this week, with the first sales and boardings

Allied Shipbroking – Weekly SnP Statistics Report Week 16, 2018

The demolition market appeared to be in a ‘wait and see’ mode throughout last week, with Bangladeshi buyers hit especially hard due to

The news that so many in the industry have been waiting for with baited breath FINALLY arrived this week as the remaining signatures required for the Pakistani market to reopen for tankers, were delivered. Reportedly, other than the issuance of NOCs (No Objection Certificates), which is expected early this week, nearly everything is in place for wet units to arrive Gadani once again. This has ended a near 18 month saga for Gadani Recyclers who have been on the sidelines after the tragic explosions onboard the FSU & LPG. As ...