With a far more
discernible demand and greater aggression to buy in Bangladesh this week, it
was no surprise to see the only market deal of the week concluded to Chittagong
buyers.
The RoRo / container
vessel EUROCARGO EUROPA (12,449 LDT> fetched some price as well, committed
for USD 455/LT LDT (less cash buyer commissions). The 2 main engines, 2 bronze
working propeller, 1 bronze spare propeller coupled with powerful generators
and 2 bow thrusters helped pushed the price up significantly (putting her on
par with favoured PCC units).
Bangladesh has once
again been gripped by severe strikes this week as the opposition party looks to
bring the country to a virtual halt. This has limited activity somewhat on the
ground as banks have left work much earlier than usual meaning the opening and
releasing of LCs on a timely basis has been strained.
Source: steel guru. 13 November
2013
No comments:
Post a Comment