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GMS weekly report on Turkey ship breaking industry for WEEK 37

Only a couple of small units (about 2,000 to 4,000 lightweight) were delivered during the second week of September, failing once more to satisfy the demand of the domestic recycling market. Consequently, in an effort to acquire tonnage, prices offered ...

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GMS weekly report on Turkey ship breaking industry for WEEK 34

Despite a (relative) dearth of available tonnage and a Turkish Lira that has continued to weaken over the course of a month (against the U.S. Dollar), prices for ships stayed stable with a few over-eager buyers still offering above the ...

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