Ship Recycling: Buying Interest Strong, But Tonnage Availability Limited

The ship recycling market is lacking available tonnage, despite strong buying interest. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains reasonably stable; however, activity is limited by a continued lack of available recycling tonnage under current conditions. Local recyclers remain interested in acquiring …

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