Athenian Shipbrokers: Demolition Quick Update – Week 20 (2020)

19 May 2020

Athenian Shipbrokers

Demolition Quick Update

11 – 15 May 2020

Source: Athenian Shipbrokers

The forthcoming ease of restrictions of the recycling recycling destinations has created many promises ahead for the market. In Bangladesh special permissions have been granted due to Amphan cyclone in order for a number of vessels to beach in Chattogram. In India the workforce to their hometown, has left the yards with only 30% of their labour hands in place. In Pakistan, although only vessels with domestic crew are allowed there are signs that the market slowly gears up.

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