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, ...
© Koscusko
Shipowners are still sending old ships to South Asia to be broken down, despite an increased awareness of the dangers to workers. This report from Fathom News claims that between July and September there was one fatality at Alang Yard in India, while another worker was seriously injured in Chittagong. The report claims that of the 227 ships scrapped in the third quarter, 124 ended up on South Asia beaches, primarily from owners in Greece, South Korea and Singapore.
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