Receive FREE Newsletter
Advanced Search
+

News / Scrapyards set for new wave of box ship demolition as idle fleet grows

ship scrapping Photo © Bayazid Akter
© Bayazid Akter
By

Demolition markets in the Indian subcontinent have now largely reopened and are preparing for a new wave of containerships for scrapping.

According to London-based shipbroker Braemar ACM, just 14 have been demolished so far this year, compared with 58 ships by the same time in 2019.

However, ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Bangladesh Charter parties Costamare Idle tonnage India non-operating container ship owners Pakistan ship scrapping