Older vessels are 'nice little earners' – for the time being
Boxship demolitions are not expected to surge until 2026 and 2027, according to Linerlytica’s latest ...
No more than a month after securing the title as the youngest boxship to be scrapped, the panamax class Rickmers India has already lost it to the Hammonia Grenada. Delivered in 2010, the 4,250 teu Grenada, at less than seven years old, has been sold as scrap for approximately $5.5m to a Bangladeshi shipbreaker. Maritime Executive said the demolition was confirmation of the plummeting value of panamax vessels following last year’s opening of the expanded Panama Canal.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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