Containership scrapping gathers pace ahead of IMO 2020

In the last 30 days, 23 container vessels have been sold for scrap – nearly half the number sent to breakers’ yards in the past year.
According to data supplied by shipbroker Braemar ACM, so far this year 52 containerships, equating to 94,000 teu, have been sold for demolition, compared with 141, for 398,500 teu, in the same period last year.
A rebound in charter rates, prompted by a shortage of tonnage in the smaller-sized sectors …

The post Containership scrapping gathers pace ahead of IMO 2020 appeared first on The Loadstar.

Source: The Loadstar

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