Ship Recycling Market Sentiment Improving Despite Lack of Available Tonnage

Despite a lack of available tonnage, the sentiment in the ship recycling market looks to be shifting, ever so slightly. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India, “the USD strengthened further against the Indian Rupee (INR) this week, with the Rupee remaining under depreciation …

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