Allied Shipbroking – Weekly SnP Statistics Report Week 28, 2018

There were no significant changes during last week in the demolition sector, with the monsoon disruptions playing a vital role in this situation.

Indian local steel plate prices plummeted even further this week as the recent ongoing losses accumulated to form a full blown crisis, with

India market: Markets are in real turmoil and after further down by 20 USD taking a toll of more than 70 USD Per MT. with sentiments low, since

Allied Shipbroking – Weekly SnP Statistics Report Week 27, 2018

With the monsoon period already present in the Sub-Continent recycling activity remained below par. In India, aside from the depreciation of local

Sub-continent markets are presently enduring a mid-summer slump with decreasing demand and struggling local fundamentals, leaving

As the rainy period progresses within the Indian Sub-Continent it was reasonable to expect that demolition activity would be reduced. In India

Allied Shipbroking – Weekly SnP Statistics Report Week 26, 2018

With the summer / monsoon season fully under way across the Indian sub-continent, prices and demand have started to decline across the

Allied Shipbroking – Weekly SnP Statistics Report Week 25, 2018

With summer period already here, it is reasonable to expect demolition activity to be reduced. In Bangladesh the market moved at low levels

The deluge of tankers being proposed for recycling – particularly large LDT tankers, VLCCs and FSUs (of which, over 30 have already been

Despite the festive spirit prevailing over the Pakistani and Bangladeshi markets due to the religious celebrations, activity remained more or less

Allied Shipbroking – Weekly SnP Statistics Report Week 24, 2018