News / Scrapping may make a comeback as smaller containerships lose their appeal

02/08/2018

Non-operating owners of ageing gas-guzzling small containerships are likely to renew their interest in scrapping as the charter market makes an unexpected U-turn.

The latest idle tonnage report by Alphaliner records 131 ships of 500-5,100 teu in hot or cold lay-up seeking employment, compared with just 56 ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber