Glut of vessels stifles subcontinent’s recycling market
- Monday 04 June 2012, 13:21
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- Ship Operations
- Back to Lloyd's List Asia
THE demolition market remained subdued across all major centres last week, with rates weakening further against a background of ample tonnage supply and tight yard capacity.Breakers in the Indian subcontinent were closing deals in the low $400s per ldt and one vessel sold to a buyer in...
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