Bulkers: One more quiet week in the second hand market. We recorded a total of 7 transactions (1 kamsarmax and 6 handysize). Asset values are softening even further as the BDI is still fluctuating at the historical low levels of 600 points.
Demolition: Subcontinent market continues to soften. Larger bulkers (capes & panamaxes) are facing levels below $400 per lt, while smaller sizes (handies/handymaxes) are getting circa $375 per lt. For an overview of the recycling market rates this week, please check our comprehensive demometer
Lion Shipbrokers market report for the second hand, newbuilding and demolition markets. See what happened in the ship sale&purchase markets last week.
Lion Shipbrokers newbuilding and second hand ship sales and demolition report-week 13-03 April 2015.
CLICK ON THE LINK BELOW TO READ THE FULL REPORT IN PDF FORMAT:
http://www.seanews.com.tr/reports/lion_30_april_2015.pdf