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It Was Another Difficult Week of Decline and Fall in Alang
Dec 28, 2012As the lowliest of the Indian sub continent markets, it was another difficult week of decline and fall in Alang as cash buyers and owners struggled to get their vessels delivered at previous high prices. Several as is deals with Indian ...
Tags: India, sub continent markets, vessels, transport
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Many Units That Had Been Available Since Last Week Particularly
Dec 28, 2012A noticeable slowing in the number of candidates and actual deals concluded for the week seemed to signal the start of the inevitable slowdown mat will likely characterize the Christmas and New Year period. Indeed, many units that had ...
Tags: India, oil, oil industry, festive period
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GMS Has Been Selected by Lloyd's List in The Shipping Industry for The Year 2012
Dec 25, 2012Dr Anil Sharma president and chief executive officer of GMS has been selected by Lloyd's List amongst the Top 100 Most Influential People in the Shipping Industry for the year 2012. For the third year in a row, Dr Sharma has been featured ...
Tags: Scrap Metal, Copper Scrap Price, Ship Freight, Ship Cargo
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The Cape Size Bulkers and Suezmax tankers/VLCCs vessels with 20,000 LDT and Over
Dec 20, 2012As select buyers emerged for specific tonnage largelv the cape size bulkers and suezmax tankers/VLCCs vessels with 20,000 LDT and over, a whole raft of candidates either discharging in the area or coming from the East were mostly ignored, ...
Tags: specific tonnage, vessels, tankers, bulker
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Few Signs of Recovery Existed This Week in The Indian Market
Dec 20, 2012Few signs of recovery existed this week in the Indian market as an end of year gloom descended on what has been an incredibly frustrating and volatile year in the Indian ship recycling industry. There is little doubting the intensity of ...
Tags: ship recycling industry, green recycling, Market sales
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The Anticipated Christmas / New Year Slowdown Has Shown Few Signs of Beginning
Dec 20, 2012The anticipated Christmas / New Year slowdown has shown few signs of beginning Just yet as all markets continue acquiring tonnage and previous deals / cash buyer 'as is' tonnage continues to arrive respective demo locations at pace. ...
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Some Major Gains Plan to Boost Both Sentiment and Price
Dec 20, 2012Some major gains on the Chinese stock market this week trickled through to the ship-recycling sector to boost both sentiment and price. Several weeks ago, levels in China rocketed up to excess those of the Indian sub¬continent (with ...
Tags: Ship Breaking Industry, Chinese stock market, ship-recycling
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Change Is on 29th November as Compared to 22nd November 2012
Dec 13, 2012Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...
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The Ailing Indian Market Required Some Urgent Assistance From Both Bangladesh and Pakistan
Dec 12, 2012The 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
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One or Two More Owners Began to Take Notice of a Visibly Emboldened Bangladesh Market
Dec 7, 2012As one or two more buyers began to emerge to the table to pique cash buyer interest, so one or two more owners began to take notice of a visibly emboldened Bangladesh market. Indeed, existing cash buyer inventory began to be diverted to ...
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A Disastrous Week in The Indian Market Left Cash Buyers
Nov 28, 2012A disastrous week in the Indian market left cash buyers, end buyers and all those involved in the industry reeling once again. It has been such a temperamental year in Alang that speculation has become a huge risk today - just when it seems ...
Tags: ship breaking industry, ship, steel, prices
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Change Is on 22nd November as Compared to 15th November 2012
Nov 27, 2012London Metal Exchange Rates Cash Buyer Product 15-Nov 22-Nov Change % Zinc 1907 1898 -9 0% Nickel 16010 16680 670 4% Tin 20405 ...