Despite the lack of market sales, there was a
discernable demand from Pakistani buyers with enquiries on all sorts of units
forthcoming.
Indeed, a number of cash buyer purchases both as is
and delivered were successfully concluded last week as Gadani buyers emerged as
more than capable stand ins whilst India looks to overcome its currency crisis.
There are still certainly one or two buyers keen to
fill their yards before the end of the year and the current pricing, with
Bangladesh soon to be back online, represents a good opportunity to pick up
some reasonably priced vessels
Source: Steel Guru (Sourced from GMS Weekly). 20 December 2011
http://www.steelguru.com/middle_east_news/GMS_weekly_report_on_Pakistan_ship_breaking_industry_for_Week_50/241878.html
No comments:
Post a Comment