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ship breaking industry
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Fewer of The Larger Candidates on Offer Meant an Overall Bleaker Week
Jan 7, 2013Fewer of the larger candidates on offer meant an overall bleaker week in the Pakistan market as others concluded candidates due to geographic positioning and India being able to take smaller limits such as handy size bulkers. It has ...
Tags: ship breaking industry, bulkers, VLCC, suezmax tanker
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The USA Owned Container Vessel MADURA (7,381 LDT) Was Concluded for a Very Firm USD 44S
Jan 6, 2013Despite Christmas holidays fully underway, the Indian market still found the time to conclude a few deals at some impressive numbers The USA owned container vessel MADURA (7,381 LDT) was concluded for a very firm USD 44S.LT LDT (the ...
Tags: Indian market, Christmas holidays, vessels, Ship Breaking
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Unperturbed by The Holidays, Fewer Deals Were Done
Jan 6, 2013As the Chinese market furrowed on, unperturbed by the holidays, fewer deals were done, perhaps due to a slowdown in the number of negotiable candidates as many owners were already in a holiday mode. One deal was however concluded - ...
Tags: China, Ship Breaking Industry, ship breaking, China economy
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Plenty Ct Deliveries Continued Over The Festive Period with a Beaching Tide Falling Firmly
Jan 6, 2013Plenty ct deliveries continued over the festive period with a beaching tide falling firmly over the holiday/New Year period. The number of new market deals concluded though was minimal with many owners prepared to wait until after the ...
Tags: GMS, Bangladesh, Ship Breaking Industry, Week 52, 2012
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Plenty Ct Deliveries Continued Over The Festive Period with a Beaching Tide Falling Firmly
Jan 6, 2013Plenty ct deliveries continued over the festive period with a beaching tide falling firmly over the holiday/New Year period. The number of new market deals concluded though was minimal with many owners prepared to wait until after the ...
Tags: Bangladesh Ship Breaking, transport, India, market
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The Festive Period Brought The Inevitable Slowdown in The Number of New Deals Concluded
Jan 5, 2013The festive period brought the inevitable slowdown in the number of new deals concluded - after the record-breaking year about to finish. As such, local markets could perhaps be forgiven for the break in pace. Deliveries continued aplenty ...
Tags: Ship Breaking Industry, Ship Breaking, India, China
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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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Pakistani Market Are to Acquire Preferred Units Whilst Largely Ignoring Those Vessels
Dec 28, 2012Much like the Pakistani market at present Bangladeshi buyers are there to acquire preferred units whilst largely ignoring those vessels that actually are firm candidates. A dearth of VLCCs, suezmax tankers, and capesize bulkers oil late ...
Tags: Pakistani market, vessels, oil, oil industry
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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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Gadani Buyers Spent Another Frustrating Week on The Sidelines
Dec 28, 2012With plenty of demand for larger units, Gadani buyers spent another frustrating week on the sidelines having to content themselves with the only available tonnage on hand that is handy size bulkers, panamax bulkers, passenger ships, ...
Tags: tonnage, handy size bulkers, panamax bulkers, passenger ships, containers
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ZHUSHUI 8 Was Sold for USD 365/LT LDT Into South China
Dec 27, 2012With prices once again pushing on to Indian sub-continent levels, it was no surprise to see the Chinese market snap up one or two vessels positioned in the area and from local owners. The Danish built panamax bulker ZHUSHUI 8 (12,250 ...
Tags: India, Chinese market, ship, price
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The Federal Board of Revenue Will Apply Section 153 of The Income Tax Ordinance 2001
Dec 24, 2012Business Recorder reported that the Federal Board of Revenue will apply Section 153 of the Income Tax Ordinance 2001 on the ship breaking industry and recover 3.5% withholding tax on sale of ship plates to steel re-rolling mills recovery of ...
Tags: Federal Board of Revenue, Income Tax Ordinance, withholding tax, steel
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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. ...