- GMS’s weekly report underscores persistent tonnage scarcity in ship recycling markets, contributing to a week of market inactivity across all recycling destinations.
- Charter rates, especially in the dry bulk sector, remain high, limiting the availability of vessels for recycling.
The Bangladeshi and Pakistani markets experience firm demand and offers, while India exhibits reserved sentiments and pricing. In the container sector, older units find buyers willing to operate them above Opex/Capex...
https://mfame.guru/global-ship-recycling-faces-challenges-amid-tonnage-scarcity/