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Maritime News - 2025 Jun 16

16 Jun 2025

Geopolitical Drama Hurting Ship Recycling Markets

Source: GMS

The Indian sub-continent recycling markets have been on a downward spiral for most of this year and this week was no different, reports cash buyer GMS.Offers are retreating across the market rankings and owners are chasing market levels amidst an economic and global uncertainty that was expected to deliver an influx of recycling tonnage and is yet to be fully seen.“Indeed, constant geopolitical drama…

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