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Latest From Brian Reyes
Prices up, but many question how long current rates will be sustained
Owners lured to the negotiating table as steel price and weak freight rates ensure steady supply, despite longer-term uncertainty
Global demolition activity up sharply so far this year to 10.7m dwt, a rise of 37% over the same period of 2014
Much recent activity focused in the dry sector, with several bulk carriers reported sold for scrap
Breakers look set to wait and see how the market will evolve
Prices for scrap ships across the Indian subcontinent appear to have settled