Cape of Good Hope box ship diversion 'benefits shipping companies'
The Red Sea crisis has seen liner operators operating at least 13 ships on each ...
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A surge in scrapping of small container vessels illustrates that liner big-profitability is well and truly over, according to Alphaliner.
Scrap sales have passed 100,000 teu so far this year, almost ten times the 10,900 teu recycled in the whole of 2022.
The disproportionately older fleet of vessels in the sub-5,000 teu sizes were highly sought-after at the height of the pandemic disruption, being less liable to be tied up in long-term contracts, they made excellent ...
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