SHIP scrapping has fallen 14 per cent so far this year, according to data from Athens-based Xclusiv Shipbrokers, reports Hellenic Shipping News Worldwide. ‘Despite the fact that the demolition market is at almost similar levels one year ago, with prices in India, Pakistan and Bangladesh being seven per cent, 10 per cent and two per cent down, while in Turkey being roughly 30 per cent up, we have witnessed a significant drop in the total demolition volume compared to previous years,’ said the...
https://www.seanews.com.tr/scrapping-down-14pc-with-tankers-slow-to-meet-their-breaker/198264/