Shiptrade Services SA weekly demolition market report for WEEK 44 of 2011:

- 31^st October - to 4^th November 2011 -

• Bangladeshi market remains closed.
• Indian market levels are stabilizing in the USD 470 – 480 region with End Buyers entering renegotiations for lowering previously agreed prices, after certain facts like the exchange rate decrease of Indian Rupee vs US Dollar and Steel Plate price.
• Pakistan is still cherry picking with no new transactions to report.
• The Chinese market offering retains previous weeks offering levels of approximately USD 380 / LT.

Demolition Sales:

Demolition Prices ($ / Ldt):

Demolition Prices:

Bulk Carriers (2008 – Today):

Tankers (2008 – Today):

Source: Hellenic Shipping News (Sourced from www.shiptrade.gr). 8 November 2011

http://download.hellenicshippingnews.com/pdf/Week%2044.pdf