What is LDT and why is it the standard unit for ship breaking prices?

LDT (Light Displacement Tonnage) represents the actual weight of the ship's hull, machinery, and equipment, excluding fuel and cargo. BigMint tracks LDT prices in USD/tonne because it directly determines the volume of steel scrap recoverable from a vessel. Our weekly assessments help ship-owners evaluate the 'residual value' of their fleet.

Why do Tankers and Containers have different scrap prices?

Tankers usually yield higher quantities of high-quality melting scrap, while Containers may contain more non-ferrous machinery. BigMint provides distinct benchmarks for both vessel types across Alang and Gadani, allowing traders to account for the 'scrap mix' when bidding for end-of-life tonnage.

How do CFR and CNF terms apply to ship-breaking transactions?

CFR (Cost and Freight) and CNF (Cost and Freight) imply that the seller is responsible for delivering the vessel to the recycling yard's anchorage. BigMint tracks these international delivery benchmarks to help global cash buyers calculate the 'voyage spread' between the current location and the recycling destination.

Which region currently acts as the 'Price Leader' in ship recycling?

Historically, prices in Chittagong (Bangladesh) and Gadani (Pakistan) often lead due to higher local demand for scrap. However, BigMint's real-time dashboard shows that Alang (India) is gaining dominance in 'Green Recycling' premiums. Our comparative charts help users identify the most profitable destination based on current LDT spreads.

What does a 'Within 4-6 Weeks' delivery period signify?

This is the typical lead time for a vessel to sail from its last port of discharge to the recycling yard. BigMint monitors these delivery windows to help ship-breakers plan their yard space and labor requirements in synchronization with arriving tonnage.

How does BigMint verify global ship-breaking prices?

Our analysts interact weekly with a global network of cash buyers, shipbrokers, and yard owners in Gujarat, Sindh, and Chittagong. By confirming actual sale prices and MOAs (Memorandum of Agreement), BigMint ensures that the published indices reflect true market value.

What role does currency volatility play in LDT pricing?

Since vessels are purchased in USD but scrap is sold locally in INR, PKR, or BDT, currency fluctuations can instantly change a yard's buying power. BigMint provides a USD-equivalent index to help international sellers navigate these local fiscal risks.

Can I access historical LDT price data for India and Bangladesh?

Yes, BigMint maintains a multi-year database of LDT rates. This data is essential for maritime financiers and fleet managers to perform historical correlation studies between freight rates and demolition prices.

Prices | BigMint

Iron Ore	Export level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Iron Ore	Import level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Iron Ore	Production level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Iron Ore	Consumption level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Export - Iron Ore | India

Compare

Export - Iron Ore | India

Iron Ore	Export level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Import - Iron Ore | India

Iron Ore	Import level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Import - Iron Ore | India

Iron Ore	Production level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Export - Iron Ore | India

Iron Ore	Consumption level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Coastal Movement - Iron Ore | India

Compare

Export - Iron Ore | India

Iron Ore	Export level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15

Export - Iron Ore | India

Iron Ore	Import level
CY 2014	15
CY 2015	25
CY 2016	30
CY 2017	19
CY 2018	18
CY 2019 (till APR)	15