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Tag Archives: 2016 Brings Respite in Ship Breaking Market

2016 Brings Respite in Ship Breaking Market

The shipbreaking industry had a stormy 2015. The year started off with high volumes wherein the first four months of 2015 saw a 10 percent increase in the number of ships over the previous year and an increase of 88 percent in light ton displacement (LDT) volumes. The main reason for the increased LDT volume was Cape size bulkers being ...

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