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Analysts: 2012 is a phenomenal record year for scrapping

2012 is already a record high year for ship scrapping, writes the analysts at Intermodal, who expect the record to continue into 2013.

The amount of ships that have left the sea and gone to scrap is at a record high this year, and the high level will probably continue into 2013, according to the analysis bureau Intermodal.

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