01 September 2011

Shiptrade Services SA Weekly Demolition Market Report Week 34 of 2011:

(22 August to 26 August 2011)

  • This week continued the weakening trend and indicative prices softened further.
  • Bangladeshi and Indian buyers were not very eager to discuss for new tonnages.
  • Pakistani buyers were not eager to discuss and offer on previous levels and followed the weakening trend.
  • The Chinese market remained stable with some buyers discussing vessels for deliveries in South China.
Demolition Sales:


Demolition Prices: ($ / Ldt)


Bangladesh
China
India
Pakistan
Dry
500
450
505
485
Wet
525
465
525
510

Demolition Prices:

Bulk Carriers: (2008 – Today):


Tankers: (2008 – Today):


Source: Hellenic Shipping News (Sourced from Shiptrade Services SA). 31 August 2011 

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