MSC continues to expand fleet with vintage vessels as profits top scrap value
In its trawl for tonnage, MSC has been buying vintage containerships ripe for demolition as, ...
HON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMEREDUPS: ONE CENT CLUB MAERSK: BUYBACK PROGRAMME DISCLOSURE
HON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMEREDUPS: ONE CENT CLUB MAERSK: BUYBACK PROGRAMME DISCLOSURE
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.
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