A large number of dry bulk ships will be scrapped this year, as the shipping companies have already scrapped far more ships in the first months of the year.
In the first four months of 2020, 22 capesize ships were removed from the market. This is just seven less than in the full year 2019, wrote major dry bulk ship operator Golden Ocean in its interim report, published Wednesday last week.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.