New and sustainable uptick in the tariff of goods in many sectors (especially dry, because the wet level has performed far away in comparison) has continued to seize the recycling market of global tonnage ships for the past few weeks and this immediately manifests itself on various seasks of this week in India and even Pakistan which has now returned to the position of the empty empty empty port that is very empty Again, producing a calmer time lately. Even the Panamax sector who were struggling to see the bouquet in this week’s tariff with the owner of the 90s vintage-made unit seemed to succeed in repairing their ships again, Eking issued the remaining revenue before the assets that had been extended finally headed for recycling. While January saw a large number of sales from the Panamax Bulker and LNG sectors before the slowdown that was inevitable during the Chinese New Year holidays and the release of Trump tariffs, both of which provided new market volatility services, because further tariffs were reported to remain at work.
Speaking of tariffs, while those that have been implemented have made the oil market down lately, the tariff that is still in the pipe has drawn a closer barrel to USD 70/barrel this week, because the new sanctions are coupled with the growth of US oil reserves can continue to see barrel buoying around the early 70s in the near future. While the global economy adjusts around the ongoing market dynamics, the main basis continues to see their volatility shares given that the price of local steel plates is good / put horizontally in the main markets while registering a decline in others, and the US dollar, which is remaining is the main concern of the main concern which is the main major main concern is important for the currency of the ship recycling, which continues to decline while others struggle to adjust again / tend to lose land further.
As a result, the ship recycling market offer has dropped to 30/LDT USD during the first month of this year and while further pressure on the main driver seems to have worked simultaneously to withdraw further recycling offers, lack of tonnage has seems to find the price floor Around USD 450/LDT even though there are indications far below in certain units easily appear. Now the candidates that can be applied and firmly dry, hunger that is always there to be purchased may return in the last month of Q1 2025 because we even see Pakistan back to the picture lately, securing a smaller LDT unit after a significant period of lights up between. But it is still too little late for the market that only sees one arrival on the season of the country since QCT 2024. Moreover, although recycling of the Bangladesh ship took steps in each facility and improvement of infrastructure, with HKC finally began to take effect in July in July and infrastructure, with HKC finally took effect in July in July and HKC in July in July, this year and urgent / delayed upgraded yards are still needed in Chattograms and especially in Gadani, to ensure compliance with the current convention after A has the potential for a bumper for several years of supply tonnage and making an agreement in front. As recorded by the Alang Buyer, the presence of an increase in Gadani Gang seeks to bite their tonnage buffet in the offer table, they remain the center of a recycling ship in the western Bangladesh with almost all yard ready to operate after July 1 and business becomes as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as a business as as a business as a business as a business as a business as a business as a business as As a business as a business like a business as a business like a business like a business and business like almost all yard and as an ordinary business afterwards. Finally, Türkiye continues to disperse its economic uncertainty because there is no significant market news that will come other than the decline in a solid lira to a place that gradually approaches the value of Indian rupees. Time changes.
For the 8th week of 2025, the GMS market ranking / ship indication as below.
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Source: GMS, Inc. https://www.gmsinc.net/gms_new/index.php/web
