The last 23-year-old dry bulk giant has been scrapped

The last standard-sized Capesize vessel, more than 23 years old, has now been sold as scrap. But a young fleet and minor rate improvements mean that carriers' scrapping has reached a virtual standstill in the third quarter, reports Alphabulk.
This Capesize vessel is only used to illustrate the story. The K Line vessel has not been scrapped. | Photo: K Line
This Capesize vessel is only used to illustrate the story. The K Line vessel has not been scrapped. | Photo: K Line
BY NIKLAS KRIGSLUND

The last remaining Capesize vessel, more than 23 years old, has now left the dry bulk fleet.

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