Containership owners 'making hay' as demand for tonnage still shines
Non-operating containership owners (NOOs) are continuing to ‘make hay while the sun shines’, with demand ...
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, 457 vessels, with a combined deadweight of 25.8m tonnes, have been demolished this year as owners looked to “clean out” older tonnage.
“The majority of this tonnage (262 ships) has been in the bulker sector, particularly ...
Maersk skips call at Rotterdam as labour issues bring delay
The shape of Asia-Europe shipping capacity as the new alliances bed in
Near-shoring drives Mexican warehouse space to historic lows
CBP won't be ready for flood of extra processing after de minimis pause
Rough seas drive powerless MSC box ship aground on Canadian coast
'Hands on triggers' over Gaza a threat to early Red Sea return
Chaos at Chittagong as port workers' strike creates vessel and box backlogs
Comment on this article