Steel plate costs push ‘hot’ demo market close to 2008 highs.
Recycling yards scale back enthusiasm as steel plate prices fall.
Tankers and offshore units retain appeal for hungry recyclers.
Sub-continent Covid-19 crisis puts squeeze on ship recycling capacity.
Ship recycling rates crash through $500 per ton for favoured units.
Recycling activity likely to rise as older vessels face the chop.
Ship recycling market strengthens following Chinese New Year pause.
Shipowners face recycling disruption as EU fails to approve Indian subcontinent yards.