Pakistan established themselves this week as firmly ahead of their Indian competitors with a greater aggression to buy at better numbers. Indeed, the Danish built, ABS class, full spares panamax bulker 05TSEE MERCHANT considered to be a ...
Tags: Transportation, Ship, container vessels
With eves firmly focused on the Bangladesh market following the dramatic slump and exhaustion of the Indian market Chittagong has been something of a disappointment in recent weeks, with Buvers onlv really there for select units and even ...
Tags: GMS, Bangladesh, ship breaking industry
With Christmas and an end to 2012 fast approaching, the overdrive of recent months appears to be dissipating somewhat as new deals slow, deliveries / beachings wind down and cash buyers, owners and end buyers alike continue to count their ...
Tags: Christmas, new deals, ship breaking, steel price
China prices settled back down into the mid-300s/LT LDT after the recent spike that saw one or two bulkers sold tor unrealistically high numbers close to 400/LT LDT (on a par with Indian levels). There has been the usual speculation that ...
Tags: steel, steel price, steel market, China
The overkill recently experienced in The VVC Indian market is still taking its toll until new sales few and tar between and most cash buyers refused on offloading their unsold inventories. The losses experienced during the recent ...
Tags: VVC Indian market, overkill, sales, inventories
A colorful week of highs and lows characterized the international ship recycling markets with almost all major competing markets reaching parity, being only a few dollars apart. The deciding factor for vessels now will be their last port ...
Tags: scrap metal rates, steel scrap buyers, metal recycling, stock market news
The ailing Indian market required some urgent assistance from both Bangladesh and Pakistan this Week as cash buyer vessels were diverted to rival shores in a bid to ease the burden on an already creaking industry. 94 vessels have already ...
Tags: steel scrap buyers, scrap yards, exchange rate india, iron ore price news
With China down and India appearing to reach some sort of stability, Bangladesh was caught somewhere in the middle, picking up vessels that were either diverted from West Coast India, or those discharging in East Coast India/Chittagong ...
Tags: scrap metal prices, scrap yards, steel scrap buyers, scrap recycling
Another poor showing from the Indian market this week left a number of high priced deals in jeopardy and cash buver nerves once again frayed and confidence shattered. The Indian rupee has been trading in excess of 55 to the dollar once ...
Tags: Indian rupee, supplv side, GMS demo