Ship Recycling Moving Ahead with the Hong Kong Convention Deadline Affecting Activity

Ship recycling activity remained lacklustre last week, with markets across key recycling destinations closed during the holiday period. Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said in its weekly report that “as operations now begin to resume, early market signals are beginning to emerge. The global ship recycling market faced a broadly weaker …

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