Demolition Reports – Week 50 (2017)

20 December 2017

bluVerve strives to bring you the most relevant information at your fingertips, be it your own company data or general market reports.

Take a look below at our Demolition Weekly Market Reports for Week 50 of 2017 (listed alphabetically):


Athenian Shipbrokers Logo

Athenian Shipbrokers

Week 50 2017 (11th December – 15th December)


There were no significant changes during last week in the demolition sector, with the upcoming New Year holidays undoubtedly playing a role in this quiet spell. In general Indian Buyers appeared to take the lead, showing a stronger appetite for tonnage in comparison with their competitors. In Bangladesh, activity was still trying to face the intense competition of its neighbours with local buyers torn between their need to secure tonnage and hesitating due to the market uncertainty. Pakistani market had to adapt its activity once again in accordance with the…..

Source: Athenian ShipBrokers

Download Full Report

GMS Logo

GMS Leadeship

15th December 2017 – Volume 184 Issue 805 – Week 50


This week, the general shortage of supply finally resulted in some of the previously exorbitant Cash Buyer purchases being onward committed to end Buyers, at levels comfortably in excess of breakeven, as a number of resales were reportedly confirmed at increasingly firmer prices. The primary focus of the industry has remained the soaring Indian market where even a number of decent LDT tankers have been diverted from a far-too hesitant Bangladesh.

While a healthy majority of this week’s fixtures were reportedly concluded during the early part of the week, concerning news towards the end of the week saw declining local steel plate prices in India and the Pakistani Rupee depreciating even further, gradually approaching PKR 110 against the U.S. Dollar.

Source: GMS Leadership

Download Full Report by Subscribing to GMS



Submit a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.