STEEL 18 Dec, 23:39 PM IST

Demolition MarketWeekly Update

India - Wet - US$ 420/425 per LT LWT - Dry - US$ 400/40r per LT LWT - Bangladesh - Wet - US$ 400/405 per LT LWT - Dry - US$ 380/385 per LT LWT - Pakistan - Wet - US$ 410/415 per LT LWT - Dry - US$ 390/395 per LT LWT - China - Wet - US$ 230/235 per LT LWT - Dry - US$ 210/215 per LT LWT - Turkey - Wet - US$ 265/270 per MT LWT - Dry - US$ 255/260 per MT LWT

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18 Dec 2017

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Commodities Quotes

News & Events

  • The stars seem to be aligned in favor of the dry bulk market” one ...
    18/12/2017
  • Hamburg-based DemoGate aiming to recycle end-of-life vessels - emphasis ...
    18/12/2017
  • What little hope there is for renewed ship scrapping activity lies on th...
    18/12/2017
  • Bangladesh is set to receive funding for the second phase of a project i...
    18/12/2017
  • The shipping ministry has proposed a Bill that will make it mandatory fo...
    18/12/2017
  • The International Chamber of Shipping (ICS) and the Comité Mariti...
    27/11/2017
  • Even in the superstitious world of seamen, few things are as eerie and p...
    27/11/2017
  • A two-year project to dismantle and recycle the decommissioned U.S. Navy...
    27/11/2017
  • It might have been rather quiet over the course of the past few weeks, b...
    27/11/2017
  • Ask someone in the United States what happens to ocean-going ships at th...
    27/11/2017
  • The Provincial Court of A Coruña, a northwestern city in Spain, u...
    20/11/2017
  • Over the years, as the countries are becoming more industrialised, they ...
    20/11/2017
  • Giant pipes that washed up on the Norfolk coast have all been salvaged a...
    20/11/2017
  • Ship breaking is the process of dismantling decommissioned ships and sim...
    20/11/2017
  • The ship demolition market is plagued by a high level of uncertainty lea...
    20/11/2017
  • A group of small Alaskan recycling programs could be the next to experie...
    13/11/2017
  • On November 8th, Milan Maersk, the largest vessel to ever call at the po...
    13/11/2017
  • Karachi - Pakistan, November 10, 2017 – Shipbreaking plot no. 54 i...
    13/11/2017
  • Following four years of financial losses, China’s shipbreaking ind...
    13/11/2017
  • Shipbreaking is a lucrative industry and one that is almost solely carri...
    13/11/2017
  • Despite being the preferred option for responsible ship recycling when c...
    06/11/2017
  • Greek and Chinese state officials and representatives of major enterpris...
    06/11/2017
  • The Sub Panamax containership Maersk Pembroke has been sold for green re...
    06/11/2017
  • The third quarter of 2017 saw the highest level of total tanker deadweig...
    06/11/2017
  • German liner shipping company Hapag-Lloyd has sold three of its older co...
    06/11/2017
  • According to a report published by this paper on October 22, “Bang...
    30/10/2017
  • Heerema Marine Contractors said its semi-submersible crane vessel Hermod...
    30/10/2017
  • The supply side of the shipping markets could soon be faced with yet ano...
    30/10/2017
  • The NGO Shipbreaking Platform expresses dismay over the continued failur...
    30/10/2017
  • International Maritime Organisation Secretary General Kitack Lim lauded ...
    30/10/2017
  • Parts of an unmanned Russian cargo spaceship burned across the night sky...
    23/10/2017
  • The rebound of dry bulk freight rates, as well as ships’ values ha...
    23/10/2017
  • Showing concerns over the overnight transfer of the Lasbela district&rsq...
    23/10/2017
  • A 2016 E.U. study identified a the Ship Recycling Licence as a promising...
    23/10/2017
  • Some 124 ships out of 227 ships broken in the third quarter of 2017 ende...
    23/10/2017
  • All ships belonging to Varun Resources Limited have been banned from cal...
    16/10/2017
  • The forthcoming environmental regulations are likely to affect the globa...
    16/10/2017
  • ATHENS, Greece, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (N...
    16/10/2017
  • During the summer, the Swedish-flagged ATLANTIC CARTIER and ATLANTIC CON...
    16/10/2017
  • Ship breaking is the process of dismantling decommissioned ships and sim...
    16/10/2017
  • US-based tanker shipping company International Seaways is reviewing inve...
    09/10/2017
  • Engine producer MAN Diesel and Turbo shared a video on the retrofitting ...
    09/10/2017
  • Three of UASC’s A4-class units taken from the market / Environment...
    09/10/2017
  • For the past six months, GMS green team has been conducting a number of ...
    09/10/2017
  • Ship owners are advised to take advantage of the current demolition mark...
    09/10/2017
  • “The maritime sector, which includes shipping, ports and the peopl...
    02/10/2017
  • China will be among the biggest factors that shape the future of the ene...
    02/10/2017
  • The Ministry of Foreign Affairs of Japan (MOFA Japan) and the Maritime a...
    02/10/2017
  • A fishing boat which sank in the shipping channel in India’s Cochi...
    02/10/2017
  • Thirteen crew members of the general cargo ship Sanad were “left c...
    02/10/2017
  • Alang, the world's largest graveyard for ships, has been notorious f...
    22/09/2017
  • Some waste paper recylers have quotas to ship to the mainland, while oth...
    18/09/2017
  • For decades, shipping containers have been loaded with American scrap an...
    18/09/2017
  • Several factors are keeping a steady supply of cargo vessels heading tow...
    18/09/2017
  • India has signed a loan deal worth $76 million with Japan International ...
    18/09/2017
  • Norwegian ballast water management system manufacturer OceanSaver filed ...
    18/09/2017
  • Samsung Heavy Industries (SHI) has joined forces with Inmarsat under a M...
    11/09/2017
  • Florida’s Port Canaveral has closed commercial operations in prepa...
    11/09/2017
  • An unidentified cargo ship has capsized near the port of Lakbi in Omani ...
    11/09/2017
  • The tanker market is faced with the impact in trade flows of the latest ...
    11/09/2017
  • A key international measure for environmental protection that aims to st...
    11/09/2017
  • As required under the European Regulation on ship recycling, the Europea...
    04/09/2017
  • Classification society ClassNK has completed a document review for a Shi...
    04/09/2017
  • The Commission hopes a list of environmentally friendly yards will persu...
    04/09/2017
  • Summers are generally more relaxed, with August being a real vacation fo...
    04/09/2017
  • Fathom-news asks industry experts their opinions on different maritime m...
    04/09/2017
  • Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) intends to...
    28/08/2017
  • After more than 80 hours of multinational search efforts, the U.S. Navy ...
    28/08/2017
  • The ultra large boxship CSCL Jupiter that ran aground in the River Schel...
    28/08/2017
  • Freight rates for very large crude carriers (VLCCs) on Asian routes show...
    28/08/2017
  • Brazilian regulators are planning to strengthen rules to prevent exporte...
    28/08/2017
  • The Australian Federal Court has convicted Japanese shipping company Nip...
    21/08/2017
  • Mining giant Adani has been fined for breaching pollution limits from it...
    21/08/2017
  • The Kerala High Court has ordered the seizure of all data, including dig...
    21/08/2017
  • India’s Cochin Shipyard has raised INR 14.4 billion (USD 224.8 mil...
    21/08/2017
  • The Shipbreaking Workers Union Gadani (SBWUG) called off their planned s...
    21/08/2017
  • As part of its efforts to develop green shipping, the Norwegian Maritime...
    14/08/2017
  • The ocean freight forwarding industry should embrace technology, accordi...
    14/08/2017
  • India is looking to start operations at the Chabahar Port in Iran by 201...
    14/08/2017
  • South Korea’s Hanjin Shipping has only raised about two percent of...
    14/08/2017
  • he European Commission released its report on the viability of a financi...
    14/08/2017
  • The last of 57 ships retired and and set for removal from the Suisun Bay...
    07/08/2017
  • SYDPORT, N.S. — A $12.6-million federal tender for the dismantling...
    07/08/2017
  • Marine Recycling Corporation, of Port Colborne, Ont., will dismantle an ...
    07/08/2017
  • The demolition market has been trending upwards lately. In its latest we...
    07/08/2017
  • With domestic shipbuilders suspending the operation of their docks due t...
    07/08/2017
  • Danaos is pleased to announce that the first Inventories of Hazardous Ma...
    31/07/2017
  • The dismantling of ships is, at present, sustainable from a narrow econo...
    31/07/2017
  • Ship recycling has for many years been the preserve of shipbreaking yard...
    31/07/2017
  • The Maritime and Coastguard Agency has opened a consultation into its pr...
    31/07/2017
  • Progress towards the Hong Kong Convention for the Safe and Environmental...
    31/07/2017
  • Eleven crew members of MV ITT Panther cargo ship were rescued after thei...
    24/07/2017
  • By 2020, some 100 very large crude carriers (VLCCs) will be over 20 year...
    24/07/2017
  • The crew members aboard the UAE-flagged products tanker MT IBA, owned by...
    24/07/2017
  • It has been found that the prices of used South Korean ships are much hi...
    24/07/2017
  • There was an overall 15% decrease in global maritime security incidents ...
    24/07/2017
  • Today, the International Maritime Organization (IMO) has agreed to take ...
    10/07/2017
  • Two Vietnamese sailors who were kidnapped for ransom in November last ye...
    10/07/2017
  • The UN’s shipping body has settled on the main elements of an inte...
    10/07/2017
  • The attempt to reverse the recently imposed 15% value-added tax (VAT) on...
    10/07/2017
  • In the aftermath of a cyber attack, container shipments handled by Danis...
    10/07/2017
  • Many key drivers for dry cargo demand have reported a significant uptick...
    03/07/2017
  • Continued piracy, armed robbery attacks and kidnapping for ransom events...
    03/07/2017
  • We kick-started June participating at NOR-SHIPPING Week, the largest mar...
    03/07/2017
  • Green MEPs and the European Economic and Social Committee (EESC) see opp...
    03/07/2017
  • Europe has the capacity and the technical know-how to repair and maintai...
    03/07/2017
  • Pirates and armed robbers attacked 43 ships and captured 58 seafarers in...
    13/05/2017
  • A CMA CGM container vessel collided with the harbour wall while berthing...
    13/05/2017
  • German container shipping firm Hapag-Lloyd on Friday said it should achi...
    13/05/2017
  • Navios Maritime Containers, a newly formed Marshall Islands company, has...
    13/05/2017
  • Shipping company Navig8 Chemical Tankers had taken delivery of a 25,000 ...
    13/05/2017
  • Danish container shipping giant Maersk Line sent a total of seven Panama...
    06/05/2017
  • The Ocean Cleanup, the Dutch foundation developing advanced technologies...
    06/05/2017
  • India-based mining company Adani is facing a potential compliance action...
    06/05/2017
  • Twenty-one new ships were ordered on a global level during the month of ...
    06/05/2017
  • A total of 1.3 million dwt of crude oil tanker capacity was sent to the ...
    06/05/2017
  • 2016 proved to be a very eventful year in all respects. In the year that...
    29/04/2017
  • On February 25, the 100,000 dwt semi-submersible vessel Xin Guang Hua ea...
    29/04/2017
  • Japanese, three shipping ginats have posted mixed financial results for ...
    29/04/2017
  • Royal Caribbean Cruises Ltd. (RCL) today reported US GAAP and adjusted n...
    29/04/2017
  • On 1 December 2016, Maersk Line A/S announced its intention to acquire t...
    29/04/2017
  • The Bosphorus strait was closed to vessel traffic yesterday afternoon as...
    22/04/2017
  • The Panama Canal Authority will tentatively close the east lane of the c...
    22/04/2017
  • Swedish tanker shipping company Concordia Maritime and Danish tanker own...
    22/04/2017
  • Greek shipowner and operator Navios Maritime Partners has agreed to acqu...
    22/04/2017
  • India’s labour unions, representing dockworkers employed at major ...
    22/04/2017
  • Viking Ocean Cruises, part of Viking Cruises, has welcomed its first cru...
    15/04/2017
  • Maersk Tankers, tanker arm of the Danish shipping conglomerate Maersk, h...
    15/04/2017
  • India has started the process of setting-up renewable energy projects at...
    15/04/2017
  • Chinese state-owned corporation China Merchants Group (CMG) is looking t...
    15/04/2017