Welcome to the GMS Weekly Podcast – your trusted source for global ship recycling insights. In this Week 27 episode (July 4, 2025), we explore the market shifts following the enforcement of the Hong Kong Convention (HKC). India remains the leading destination for HKC-compliant ship recycling, while Bangladesh and Pakistan struggle to adapt amid declining steel prices and regulatory delays. Oil prices hover at USD 66.5/barrel, and tight tonnage supply is affecting all key markets. We also touch on Turkey’s challenges, demo pricing trends, and strategic takeaways for shipowners and cash buyers. Subscribe to stay ahead in this rapidly evolving industry.
 

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