Tag: GMS

Filter By:


GMS: Challenges persist in ship recycling markets across the Indian sub-continent

According to GMS’ latest weekly ship-recycling report, whilst various port positions remained thinned out across the Indian sub-continent ship recycling waterfronts over recent weeks, many of the tired old complaints about poor & adverse market conditions (particularly in India) or those of an extremely malnutritioned spread of recycling tonnage that remains available for sale, continue to fall on deaf ears.

Read more

GMS: A surprisingly hushed start to ship recycling in 2024

On its latest weekly ship-recycling report, GMS finds that, despite the Pakistani & Bangladeshi markets stabilizing & displaying a far greater aggression at the bidding tables over the last 5 weeks (that too at ever improving rates), in addition to the long awaited Chinese New Year holidays that have finally descended across the world, it has been a remarkably quieter start to 2024 for ship recycling than many had anticipated.

Read more
Page 1 of 4 1 2 4