Ship Recycling Market - Week 08 - IMPRESSING

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Ship Recycling Market - Week 08 - IMPRESSING

Bangla flies: It is the Bangladeshi market that has been impressing everybody of late (and for yet another week) with a lot of pent-up demand being realized and even news of some choice purchases at decent numbers on units that have managed to receive L/C approvals.

Over 600: Indeed, we have once again seen levels over USD 600/LDT in Bangladesh for the first time since the same time last year, and competing markets are increasingly struggling to keep up.

 

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