News / Older vessels are 'nice little earners' – for the time being

© Emmanouil Pavlis |

Boxship demolitions are not expected to surge until 2026 and 2027, according to Linerlytica’s latest report, today.

Liner operators continuing to deploy older vessels has pushed the average scrapping age to 27.3 years, up from the 24.2 average between 2010 and 2020.

The average age of the containership fleet today is 13.8 years, although it drops to 11.1 if calculated on a teu/weighted basis, due to the average larger ship being younger.

Among the top 15 carriers, MSC has the oldest fleet, with ...