News / Older, gas-guzzling box ships bound for scrapyards as IMO 2020 looms

ID 78887806 © Bayazid Akter | Dreamstime.com

19/03/2019

With the IMO 2020 low-sulphur fuel regulations looming, containership owners are keen to offload as many older gas-guzzling vessels as possible, with the current high scrapping rates providing added incentive.

According to London-headquartered shipbroker Braemar ACM, 12 vessels with a capacity of 36,000 teu have been ...

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