The degraded performance across the ship recycling sector over the last few (and painful) months shows few signs of abating just yet, as it has been a veritable tale of misery, even though prices remain at some of the firmest levels we have seen over the last decade. Down from the peaks of $700/Ton, levels nearly USD 100/LDT lower have left a bad taste in most mouths in the industry.
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Source: Capitallinkshipping
