News / Scrapyards ready for another containership recycling boom

The container fleet is on a scrapping cliff edge, according to Alphaliner.

Last year, demolition sales fell to their lowest levels since 2005, but the industry is soon likely to see a repeat of the post-2008 financial crash scrapping boom.

With a deluge of 2.4m teu of new tonnage onto an already-worsening market, Alphaliner expects a “skyrocketing” of scrapping this year to hit 350,000 teu – comparable with the 377,631 teu seen a year after the financial crisis.

“[Last year] demolition prices remained at ...