Ship Recycling Market Turns Volatile Amid Higher Pricing

Demolition activity has failed to maintain the gains, which came as a result of higher pricing enticing ship owners to allocate more tonnage for scrap.
The improvement in offered price levels has helped mount interest in the ship recycling market, with a considerable number of units being sent for scrap as of late.
The end of the summer break has helped activity ramp up as well, with further interest being expected during the last quarter.
After some mammoth gains over the previous weeks, a...