Deferring dry-docking because rates are high could cost shipowners long-term

An increasing tendency for containership operators to defer dry-docking operations to keep their vessels trading could be building unseen congestion pinch-points for the industry.
Leading hull paint supplier Nippon Paint Marine said a number of vessels due to be dry-docked this month and last had remained trading as liners sought to clear cargo backlogs and capitalise on sky-high freight rates.
Most classification societies stipulate that ocean-going ships need to be dry-docked every …

The post Deferring dry-docking because rates are high could cost shipowners long-term appeared first on The Loadstar.

Source: The Loadstar

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