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Ship Recycling Market is “Red Hot”

The ship recycling market has once again heated up, with ship owners financially incentivized more than ever to sell their older tonnage. In its latest weekly report, GMS (www.gmsinc.net), the world’s leading cash buyer of ships said that “Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices ...

The post Ship Recycling Market is “Red Hot” first appeared on Hellenic Shipping News Worldwide.

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The ship recycling market has once again heated up, with ship owners financially incentivized more than ever to sell their older tonnage. In its latest weekly report, GMS (www.gmsinc.net), the world’s leading cash buyer of ships said that “Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices ...

The post Ship Recycling Market is “Red Hot” first appeared on Hellenic Shipping News Worldwide. [post_title] => Ship Recycling Market is “Red Hot” [post_excerpt] => The ship recycling market has once again heated up, with ship owners financially incentivized more than ever to sell their older tonnage. In its latest weekly report, GMS (www.gmsinc.net), the world’s leading cash buyer of ships said that “Sub-continen... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => ship-recycling-market-is-red-hot [to_ping] => [pinged] => [post_modified] => 2021-07-14 21:00:59 [post_modified_gmt] => 2021-07-14 21:00:59 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=877196 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )