Home / Report / Analysis / Weekly Demolition Reports (page 3)

Weekly Demolition Reports

Best Oasis Weekly Recycling Market Report, 27 May 2022

The Ship recycling market is on a temporary standstill as there is a drastic difference in the price expectations of the ship owners, cash buyers

Read More »

Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 20, 2022

Athenian Shipbrokers SA Ship Recycling Weekly Report

Read More »

GMS Week 20 – WHAT GOES UP MUST COME DOWN!

Another woeful week of declining sentiments has left all of the major global ship-recycling markets on edge as the industry approaches the summer / monsoon months in the sub-continent. Moreover, it seems doubtful (at present) that any more noteworthy deals will likely be concluded, especially with the industry in such a state of disarray. Depreciating currencies and maddeningly plummeting steel plate prices (especially in Pakistan this week alone) have left nearly all of the major recycling markets looking at a near USD 100/LDT decline in prices since the peaks of ...

Read More »

Best Oasis Weekly Recycling Market Report, 20 May 2022

The Ship recycling prices are currently experiencing a correction from the heated levels they had reached in the previous two months

Read More »

Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 19, 2022

Athenian Shipbrokers SA Ship Recycling Weekly Report

Read More »

GMS Week 19 – DOWN AND DIRE!

It has been a woeful week across all of the major ship recycling markets, with some tumultuous declines leading to minimal interest and offers on any available tonnage. It increasingly seems as though it may be a much softer summer given prevailing sentiments, especially as prices ease back towards the (still impressive) USD 650s/LDT mark. Most of the deals concluded at USD 700/LDT (or above) were always seen as precariously positioned, and it remains to be seen whether End Buyers will be happy to dip back into the buying at ...

Read More »

Best Oasis Weekly Recycling Market Report, 13 May 2022

Ship recycling market is experiencing significant price corrections in tune with the ongoing economic crisis being felt worldwide

Read More »

Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 18, 2022

Athenian Shipbrokers SA Ship Recycling Weekly Report

Read More »

GMS Week 18 – TURN FOR WORSE!

Sub-continent markets have taken a turn for the worse this week, as collapsing steel prices in India and Eid holidays in Pakistan, Bangladesh, and Turkey have led to depressed sentiments and virtually no new offers emanating on any available tonnage. Most End Users now want to wait-and watch-market developments before offering anew on vessels at far lower levels that seem more in line with the realistic USD 650s/LDT than the struggling USD 700s/LDT most in the industry were gunning for earlier on select units. There has certainly been some increasing ...

Read More »

Best Oasis Weekly Recycling Market Report, 06 May 2022

Steel market developments are likely to be subject to a high level of uncertainty for 2022 and 2023

Read More »

Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 17, 2022

Athenian Shipbrokers SA Ship Recycling Weekly Report

Read More »

GMS Week 17 – STARVED OF SUPPLY!

India finally leads the way on pricing this week, as all of markets i.e. Pakistani, Bangladeshi and even the Turkish markets work their way towards Eid holidays and the end of the Holy month of Ramadan. In fact, several markets are likely to be closed anywhere from a couple of days (as in the sub-continent) with the Turkish market celebrating until Thursday. Overall, it has been a far softer week in terms of sentiment in Pakistan, whilst Bangladesh has remained largely absent from the buying for another week. The Pakistani ...

Read More »

Best Oasis Weekly Recycling Market Report, 29 April 2022

An unexpected strong wave of demand for trading vessels due to crippling global supply chain and elongating trade routes

Read More »

Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 16, 2022

Athenian Shipbrokers SA Ship Recycling Weekly Report

Read More »

GMS Week 16 – EASTER EXCEPTION!

As holidays descended across much of the sub-continent over the last week, activity and sales logically slowed as the recycling industry enjoyed a bit of a breather. Certainly, the recently ebullient Bangladeshi market has fallen out of contention over this past month, as domestic sentiments and pricing endured a sustained dip, despite having led the industry for much of this year. Instead, it is the rampant Pakistani and Indian markets that continue to lead the way and continue to pay the most impressive numbers close to (and even above) USD ...

Read More »

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping