Album art_1-Week 29

Ship Recycling Market Update - GMS Weekly Podcast | Week 29, 2025

21 Jul 2025

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In this Week 29 episode, we unpack another complex week defined by slow-moving tonnage, evolving regulations under HKC, and shifting global trade signals.

India continues to offer stability, with strong yard capacity and consistent LNG deliveries, even as fundamentals waver. Pakistan retains its position atop pricing tables with aggressive dry bulk acquisitions under provisional DASRs. Bangladesh shows signs of life with multiple arrivals but still struggles with documentation delays and a weakening currency. Meanwhile, Turkey remains subdued, facing further Lira depreciation and little market activity.

We highlight regional pricing strategies, delivery timelines under new compliance regimes, and what lies ahead as container traffic shifts and monsoon pressures linger. Subscribe for key market intelligence in this crucial phase of Q3.
 

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