This is the Week 19 price level for the global indicative scrap market for ship demolition.
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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.
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Bangladesh market for demolition
Market Sentiment: Weakening
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| 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
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| 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
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| 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
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| 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 |
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| 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. |
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