News / Ship scrapping set to hit record level this year as more panamaxes become redundant

16/06/2016

Ship scrapping appears set to hit record levels this year, according to shipbroker and services firm Clarksons.

In its latest review of the demolition market, it says that after a slowing in the second half of 2015, ship scrapping “returned to a rapid pace” this year.

According to Clarksons, ...

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