Shiptrade Services SA weekly demolition market report for WEEK 42 of 2011:

- 17^TH October - to 21^ST October 2011 -

• The Bangladeshi market remains closed with no sales to report after the tragic death of four workers and will remain so until an investigation determines the nature of this accident.
• India has retained the negative trend with the rupee depreciating another 2% against USD,
• Pakistan had a dry week with no sales reported.
• China followed the general trend with prices decreasing further.

Demolition Sales:

Demolition Prices ($ / Ldt):

Bulk Carriers (2008 – Today):

Tankers (2008 – Today):

Source: Hellenic Shipping News (Sourced from www.shiptrade.gr). 22 October 2011

http://download.hellenicshippingnews.com/pdf/Week%2042.pdf