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Ship Recycling Market Showing Signs of Weakness

The ship recycling markets ended a period of strength and upward momentum, with the first signs of weakness last week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian recycling market came down sharply during the week, with local levels retreating significantly from the recent highs, ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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