Available extra box ship tonnage even harder to find this year
The number of cellular container vessels sold for recycling roughly halved last year, compared with ...
© Khunaspix Dreamstime.
By Mike Wackett
The containership demolition market is set to rebound this year as owners weed out the oldest and dirtiest vessels from their fleets ahead of the IMO 2020 low-sulphur regulations.
According to London shipbroker Braemar ACM, 10 container vessels have been scrapped so far in 2019, compared with just one ship at the same time a year ago, and a total of only 54 container vessels that were sent to the breakers yards in the full 12-month period.
Higher charter hire rates in ...
Comment on this article