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 

http://download.hellenicshippingnews.com/pdf/Week%2034.pdf