Ship Recycling Market - Week 10 - FIRMLY POISED!
Ship Recycling Market - Week 10 - FIRMLY POISED!
Bangla surge: Recycling markets remain firmly poised for another week, following a stunning resurgence by the Bangladeshi market (in particular) that leaves them atop the price rankings board.
Indeed, levels close to and even over USD 600/LDT are now being regularly presented on various vessels and this is inducing more Ship Owners to sell their vessels, especially as freight rates in the dry bulk and container sectors are failing to improve sufficiently for Owners to keep holding onto their aging tonnage.
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