Ship Recycling Activity on Hold
The ship recycling market was halted over the past week, as holidays in the Far East meant a lull in sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the holidays in the Far East continuing into this week, the market was never able to get off the ground as a result and subsequently, an absence of activity has been seen. Little, if any, tonnage at all was even circulated in the market with buyer’s ‘inbox’ threadbare and all finding it hard to source any vessels ...
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