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

Chittagong ship breaking
© Koscusko
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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, ...

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