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Consigning ‘teenagers’ to the scrap yards may help solve chronic boxship overcapacity

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© Emmanouil Pavlis | Dreamstime.com
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According to shipbroker Braemar ACM, as at the beginning of this week six container vessels, equating to 14,000 teu, had been sold for demolition, just ahead of the number of cellular ships that were scrapped at the same time of 2015.

Ninety-three container vessels were scrapped ...

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