The balance of things appears to be fragile in the demolition market, as cash buyers, scrapyards and ship owners are tangled in a “wait-and-see” approach over the market’s future trends. Even so, some parts of the market are still very robust in terms of activity. According to the latest weekly report from Clarkson Platou Hellas, “the quiet start to the year has continued over the course of the past week, although we are now starting to see a glimpse of things to come where there have been several more vessels being talked around in the market, particularly larger tanker units such as VLCC‘s. Whether Owners are gaining market knowledge of what may be achieved or brokers vying for early commitments remains to be seen, but actual reported sales remains slow and just a small amount have actually been sold”.