Weekly Demolition Reports

The market remained quiet, characterized by selective buying and overall cautious sentiments. India was still stagnant with weak demand   Source: Best Oasis Limited

https://www.hellenicshippingnews.com/best-oasis-weekly-recycling-market-report-07-march-2025/

As chaos continues to churn across all the world, the incredibly deceptive nature of ship recycling has once again reared its head this week in the middle of amidst a dwindling of tonnage, where local port positions marked an impressive batch of arrivals of both tonnage and type at Indian and...

https://www.hellenicshippingnews.com/gms-week-09-dwindlingsurge/

This week, the ship recycling market remained in a state of stagnation across all major destinations, with no significant developments impacting pricing or demand.   Source: Best Oasis Limited

https://www.hellenicshippingnews.com/best-oasis-weekly-recycling-market-report-28-february-2025/

A recent and ongoing uptick in freight rates across many sectors (especially dry, as wet rates have been performing far admirably in comparison) has resumed depriving global ship recycling markets of tonnage over the last couple of weeks and this has promptly manifested itself at the various...

https://www.hellenicshippingnews.com/gms-week-08-freight-frustrates/

EUSRR has been evaluated in a recent European Commission report, highlighting key challenges ahead of the Hong Kong Convention (HKC)   Source: Best Oasis Limited

https://www.hellenicshippingnews.com/best-oasis-weekly-recycling-market-report-21-february-2025/

Compounding market uncertainties took center stage with Pres. Trump’s uncalculated tariff wars sending economies rocking this week, unintentionally targeting the U.S. Dollar as the beneficiary to a crisis that is still unfolding, sending it into a tizzy as it declined against nearly all of the...

https://www.hellenicshippingnews.com/gms-week-07-tit-for-tat-tariffs-tantrums/

With week 6 of 2025 behind us, the raging fires of tariffs and counter-tariffs that continue to suppress recycling vessel prices via volatile fundamentals, are now creating a path for the (near) future of the ship recycling industry, one that seems to be headed for a Q1 and likely even Q2 of an...

https://www.hellenicshippingnews.com/gms-week-06-tariffs-prices/

This week, the ship recycling market remained slow and uncertain, with all four major destinations—India, Bangladesh, Pakistan, and Türkiye   Source: Best Oasis Limited

https://www.hellenicshippingnews.com/best-oasis-weekly-recycling-market-report-07-february-2025/