ShippingWatch

Scrapping cannot keep pace with new dry bulk ships

In 2012, every time three bulk carriers were delivered, only one was scrapped, shows new numbers from Clarkson Research. The Panamax fleet is growing fastest in 2013.

Photo: Stena Bulk

In 2012, every time three bulk carriers were delivered, only one was scrapped, and that goes for three out of the four major segments in dry bulk, shows new data from Clarkson Research according to Tradewinds.

In 2012, 213 capesize ships were delivered while 73 were scrapped. The Panamax deliveries constituted precisely one a day, 365 ships in total, last year, while the number of Panamax ships which were scrapped was 125.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk Product Tankers expects 2022 to be "not an amazing year"

There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.

Researcher criticizes TotalEnergies' fuel report

TotalEnergies ignores shipping’s climate adaptions in the company’s prognosis for shipping’s future fuel consumption, researcher says in criticism. Among other things, TotalEnergies supports LNG.

OOCL doubles revenue despite significant drop in volumes

Container line OOCL, owned by China’s Cosco, doubled its revenue in 2021, with the top line for Q4 alone surging by 101.4 percent, the carrier says. This major increase happens despite a dive in container liftings during the quarter.

Related articles

Latest news

See all jobs