Ship Scrap Prices Surge To Nearly $500/ton

Dr. Anil Sharma is a wealth of knowledge on ship scrapping, having started GMS 25 years ago, getting into the business of buying and disposing of old U.S. MarAd and Russian navy ships as a sideline while teaching as a college professor in Maryland, reports Offshore Engineer.

Leader in ship recycling

Today his company is dominant in the field, and in the last year he has seen an unprecedented 70% run up on ship scrap prices, approaching $500 per ton. He weighs in on ship scrapping trends and...

https://mfame.guru/ship-scrap-prices-surge-to-nearly-500-ton/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon