Tag: GMS

According to GMS’ latest weekly ship-recycling report, the Middle East has been engulfed in chaos this week, with escalating conflicts and military actions impacting global trade and economics.

According to GMS’ latest weekly ship-recycling report, in a week of dramatic global events, the situation in Northern Israel escalated sharply as Hezbollah launched a significant missile assault, prompting one of the largest Israeli counterstrikes in recent memory.

According to GMS’ latest weekly ship-recycling report, the ship recycling industry is facing significant disruptions amid escalating geopolitical tensions in the Middle East and ongoing economic instability.

According to GMS’ latest weekly ship-recycling report, the Middle East and global ship recycling markets need a serious push on the pause button.

According to GMS’ latest weekly ship-recycling report, geopolitical events are dominating the shipping sector, particularly in ship recycling, as tensions escalate in the Middle East.

According to GMS’ latest weekly ship-recycling report, Pakistan is the only market to have displayed any optimism of late. 

According to GMS’ latest weekly ship-recycling report, Indian sub-continent ship recycling markets remain decidedly dicey as both currencies and local steel plate prices in India & Bangladesh declined even further this week.

According to GMS’ latest weekly ship-recycling report, the anticipated/ongoing seasonal slowdown in activity coupled with softening vessel prices has clearly started to characterize the year’s summer/monsoon mess across the Indian sub-continent ship recycling markets.

According to GMS’ latest weekly ship-recycling report, it has been another tentative time in the global ship recycling markets as overall this week, SNP activity and local arrivals / deliveries reported minimal movements at the various waterfronts (Turkey’s permanent holiday notwithstanding), in addition to no market sales to report in the midst of Indian sub-continent ship recyclers.

According to GMS’ latest weekly ship-recycling report, the Indian subcontinent's ship recycling markets are navigating turbulent waters this summer, as monsoon months bring both literal and economic storms.