Author: Rounak Gairarey
-
Ship breaking: Deals surge at Gadani, offers rise by $10/LT
Pakistan’s Gadani port was the most active of sub-continental markets with sales concluded with cash buyers and other downstream buyers. Average price for containers was at $350/LT, dry bulk at $330/LT & tankers at $340/LT. Offers rose by $10/LT w-o-w. Deals ALBY MELODY (7,528 LDT), a bulker at $359/LT. MJ BULKER (8,071 LDT), a bulker…