Better days!
The ongoing complications experienced in the Indian sub-continent ship recycling markets have shown few signs of dissipating this week, with a sudden increase in the unrelenting non-existent supply of vessels and sparse L/C / financing approvals in Bangladesh and Pakistan, which has seen market pricing that is reaching new lows with each concurrent sale into the subcontinent destinations.
Notwithstanding, despite being moderately...
https://mfame.guru/gms-weekly-market-commentary-report-week-342023/