Ship Recycling
Vessel recycling records with LDT pricing, yard information, and demolition market analytics.
The quarterly median bottomed at $395/LDT in 2026 Q1, the lowest in the tracked series, then rose 16% in 2026 Q2 - the sharpest quarterly gain on record here - leaving it 13% under the 2023 Q2 high of $530/LDT. Across fourteen tracked breaker markets prices span $270 to $912/LDT, but the three subcontinent yards carrying 63% of tracked priced sales settle within $17 of one another.
Scrap price by market
Median $/LDT paid in each breaker market over the last 24 months, and how much evidence each number rests on.
Median $/LDT paid in each destination market over the last 24 months, ranked by price. Markets below the median sample are drawn muted - the number is indicative, not firm. A market needs at least three priced sales to appear at all.
The wide end of the range is the thin end: the seven thin markets span a $514 band on 32 tracked sales between them, against $196 across 224 sales in the seven deep markets. No market with thirteen or more tracked sales prices above $466, and every market above it rests on nine sales or fewer.
Scrap price trend
Market-wide median $/LDT by quarter. The current quarter is still running and is drawn apart from the settled series.
A higher $/LDT favours the seller and costs the recycler, so the line carries no directional colour. Quarters with fewer than five priced sales are not plotted.
Recycling ledger
Every tracked scrap sale, newest first - vessel, size, yard and the price per light-displacement tonne where it was disclosed.
| Vessel | LDT | Built | $/LDT | Date |
|---|---|---|---|---|
| MARIA | 5,681t | 199729y | $520 | Aug 25, 2026 |
| GAN HAI 666 | 5,733t | 198937y | -- | Aug 24, 2026 |
| MARIA BULKER | 6,140t | 199729y | $520 | Aug 24, 2026 |
| MARIA | 6,140t | 199729y | $532 | Aug 24, 2026 |
| BR GLORY BULKER | 5,000t | 199036y | -- | Aug 21, 2026 |
| FRIO HELLENIC REEFER | 6,420t | 199927y | -- | Aug 21, 2026 |
| ARKADIJA REEFER | 4,628t | 199234y | $463 | Aug 21, 2026 |
| FT Island | 41,803t | 199828y | $395 | Aug 21, 2026 |
| Frio Naruto | 5,685t | -- | -- | Aug 19, 2026 |
| ISA STAR | 3,412t | 200026y | $475 | Aug 17, 2026 |
Row eleven is where the record starts.
The ten latest demolition sales are open to everyone. The other 5,687 are for members.