THE outlook for world shipbreaking is looking positive as a happy consensus develops in the industry, reports Hellenic Shipping News Worldwide. ‘It was a strong week for Indian breakers as five vessels are committed for recycling, totaling over 40,000 Ldt,’ said an Allied Shipbroking note. ‘The US$535/Ldt for the Catherine Bright appears to be above the market rate and could be a consequence of end buyers competing to secure tonnage ahead of next week,’ said Allied. Only one containership sale...
https://www.seanews.com.tr/scrapping-scene-brightens-as-owners-face-profit-slump/198914/