Ship Recycling Market - Week 06 - BUILDING UP!
Ship Recycling Market - Week 06 - BUILDING UP!
Increased flow: An increase in the flow of tonnage has begun to buoy recycling markets and all potential locations are increasingly trying to secure vessels, in order to satisfy an progressively rampant demand that has built up over a record low influx of tonnage during a dreadfully quiet 2022.
India focu: Of course, India continues to remain the primary focus due to their far more stable market conditions and ability to finance new L/Cs regardless of vessel size.
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