As we enter October, international markets are prepared registering spooks throughout the board, marking a drastic debut into Week 41, stories money purchaser GMS.
Inflation climbed in each Turkey and Pakistan by September, doubtless laying out the groundwork for a spooky October at each areas.
Currencies too are again on the “scary charts.” Oil, alternatively, tripped in direction of $60 / barrel and is almost 20% decrease than the identical time final 12 months as capes, panamax and even supramax indices noticed the decrease aspect of final week, says GMS.
“Indian sub-continent ship recycling locations didn’t escape the incoming darkish of the month as almost all markets reported dithering numbers of arrivals at respective anchorages whereas recyclers proceed to search for a ‘carry me’ second, after what has been an unexpectedly woeful 2025 of declining fundamentals, provide, costs, and sentiment. Certainly, this has turned out to be one of many slowest years for ship recycling in over a decade – and it’s nonetheless not over!”
GMS demo rankings / pricing for week 40 of 2025 are:
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