This week, the ship recycling industry across four major destinations showed varying trends. In India, market conditions remained strong with increasing booking prices and robust steel demand

Athenian Shipbrokers SA Ship Recycling Weekly Report

Towards the end of the working week, the Bangladeshi Taka took the centerfold as it crashed by about 6.4% against the U.S. Dollar in a couple of days. This jump was certainly expected, in that, a measured BDT 7 devaluing of the Taka against the U.S. Dollar was previously agreed to in the ‘terms and conditions’ of the IMF loan that was sanctioned to the country back in January, which then saw the easing of L/C & financing restrictions for Chattogram Recyclers. This depreciation in the Taka will translate into ...

The recycling market across various regions exhibits varying trends and challenges. In India, the market is experiencing a robust upward trajectory, driven by strong local demand

Athenian Shipbrokers SA Ship Recycling Weekly Report

India’s ship recycling market is improving, driven by robust local demand anticipated to maintain favorable conditions this month. Bangladesh’s market is stable but slightly declining.

Activity across the Indian sub-continent ship recycling markets has been climbing on the back

Athenian Shipbrokers SA Ship Recycling Weekly Report

On the back of freight markets that are finally facing their first set of 2024 jitters, the industry

In the ship recycling markets across four key destinations, distinct trends are observed. In India, the market shows positive momentum with stable rates

Athenian Shipbrokers SA Ship Recycling Weekly Report

This week, various holidays concluded across the globe just as Indian sub-continent ship recycling

Dubai recently experienced unprecedented flash floods, causing significant disruptions and challenges for the city known for its robust infrastructure

Athenian Shipbrokers SA Ship Recycling Weekly Report

Indian sub-continent ship recycling markets enjoyed a ‘greater than expected’ degree of a