GMS is the world’s largest buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.
All content for GMS Podcasts is the property of GMS and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
GMS is the world’s largest buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.
Ship Recycling Market Update Week 1 2026 | India Rebounds Bangladesh Weakens Pakistan Steady Turkey Quiet HKC and Prices
GMS Podcasts
6 minutes
1 week ago
Ship Recycling Market Update Week 1 2026 | India Rebounds Bangladesh Weakens Pakistan Steady Turkey Quiet HKC and Prices
Week 1 of 2026 opens with heightened geopolitical uncertainty and mixed macro signals, and ship recycling markets respond with a clear reshuffle across the main destinations. India rebounds sharply to lead pricing despite a softer rupee, Bangladesh weakens further amid growing uncertainty ahead of elections, Pakistan stays close but remains constrained by limited HKC ready capacity, and Turkey remains quiet with no reported sales. We also review the week’s port activity and wrap up with the latest indicative recycling levels across Bangladesh, India, Pakistan, and Turkey.
GMS Podcasts
GMS is the world’s largest buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.
