Demo prices have shot up amid fierce competition between Pakistan and Bangladesh for limited tonnage, reports BMGLOBAL.
Demo Broker EBM ReportedThe 1998-built handy bulk carrier Vika has recently fetched $550 per ldt in Pakistan, a price considered “unthinkable” a few days ago, demo broker EBM reported. One chemical tanker with more stainless steel, Glory Shipmanagement’s Falcon, even managed $750 per ldt.
Reaching Newer Heights“The demolition prices are reaching newer heights week on week as the...