This is the Week 19 price level for the global indicative scrap market for ship demolition.
As of Week 19, the approximate ship demolition price levels for each breaking nation are as follows and depend on the vessel’s age, size, and type.
Bangladesh market for demolition
Market Sentiment: Weakening
| Vessel Type | Price |
|---|---|
| Wet | USD$ 625/635 per LDT |
| Dry | USD$ 615/625 per LDT |
| Container | USD$ 635/645 per LDT |
Pakistan market for ship demolition
Market Sentiment: Weakening
| Vessel Type | Price |
|---|---|
| Wet | USD$ 635/645 per LDT |
| Dry | USD$ 625/635 per LDT |
| Container | USD$ 635/645 per LDT |
The Indian market
Market Sentiment: Weakening
| Vessel Type | Price |
|---|---|
| Wet | USD$ 645/655 per LDT |
| Dry | USD$ 635/645 per LDT |
| Container | USD$ 655/665 per LDT |
Turkish market for demolition
Market Sentiment: Weakening
| Vessel Type | Price |
|---|---|
| Wet | USD$ 315/325 per LDT |
| Dry | USD$ 305/315 per LDT |
| Container | USD$ 325/335 per LDT |
Annual demolition sales
| Year/Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 64 | 47 | 49 | 47 | 7 | 214 | |||||||
| 2021 | 86 | 77 | 82 | 90 | 100 | 77 | 73 | 73 | 80 | 67 | 66 | 39 | 910 |
Read more on ShipDiary.com
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- MARPOL Annex VI has been amended and implemented
- A Partnership Agreement with UN Economic and Social Commission for Asia Pacific
| Disclaimer: The market rates of ship demolition costs for week 19 are available on this website. This information is not meant to be a business offer and should not be used as a benchmark in commercial disputes or arbitration actions. |
