19th March – to 23rd March 2012
Bangladesh continued to have the same problems as in the previous week, however there seems to be a lively interest from a few interested buyers.
India saw a number of deals being concluded during the previous week with reefers and containers making an exciting entry and with levels showing some stability.
Pakistan absorbed some of the tonnages going for India, traditionally of large sizes.
Chinese market has been seen a increasing flow of tonnage and some buyers have started being selective both in vessels and levels indicated.
Source: Hellenic Shipping News. (Sourced from Shiptrade Servicves S.A.). 23 March 2012