Port News

Ship demo rates close in on the $500 mark for the first time since 2014

Ship demo rates are roaring ahead with the $500 per ldt mark on course to be broached for the first time since November 2014. A busy start to the year, led principally by eager Bangladeshi yards, has seen prices jump above $450 per ldt with many owners now actively rethinking recycling plans to take advantage …

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