After a busy recent few weeks taking in their preferred larger tankers
gas free for man entry only it was a quieter week for Pakistan with not as many
of their favored units hitting the market as India took the best of the rest
smaller handysize bulkers and containers.
Price remains competitive with their Indian sub‐continent rivals and for
the right units can be pushed on to impressive levels. The propensity to avoid
container vessels due to beaching draft issues has seen Gadani buyers miss out
on a vital supply of tonnage with such units receiving numbers similar to and
even excess to tankers in India of late.
Source: steelguru. 26 February 2013
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