'Unending' MSC ship-shopping spree the driver for charter rate rebound
MSC’s unrelenting pursuit of second-hand containerships is reportedly reducing the pool of vessels left available ...
The number of cellular container vessels sold for recycling roughly halved last year, compared with 2023, as demand for tonnage soared – and finding ships available for hire will be even harder this year.
According to Alphaliner data, the number of container vessels sold for scrap in 2024 was 56, 80,950 teu. In terms of capacity, this is half the 162,000 teu disposed of in 2023. While 51 were below 3,000 teu, 40% of the scrapped capacity came from MSC.
“The ...
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