News / Another 100+ panamax box ships must be scrapped to boost charter rates

01/02/2017

At least 100 panamax-class containerships need to be scrapped if owners are to see charter rates return to break-even levels, shipping analyst Alphaliner said today.

More than any other class of container vessel, the classic panamax – ships of 4,000-5,100 teu – has struggled with severe overcapacity ...

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