Athenian Shipbrokers: Demolition Quick Update – Week 25 (2020)

22 June 2020

Athenian Shipbrokers

Demolition Quick Update

15 – 19 June 2020

Source: Athenian Shipbrokers

Due to the ever low prices since 2015, vessels have been withdrawn and many sales have been frozen. Bangladesh appears stable and competitive. Dur to Rupee’s depreciation and steel plate’s prices being low, many owners and buyers withdrew their vessels from India, choosing Pakistan or Bangladesh. Pakistan’s tax and custom duties reduction, elevated it to the top of the market.

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