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Container scrappings dropped to seven-year low in 2018

Scrappings and deletions of container vessels dropped to a seven-year low last year. The total fleet grew 5.7 percent, writes Alphaliner.

Photo: /ritzau/AP

Container ships sent for scrapping or otherwise taken out of the market have dropped to a seven-year low in 2018, writes Alphaliner. Last year, just 111,200 teu were removed from the market compared to 427,000 teu in 2017.

A hand full of ships have furthermore been jumboized throughout the year and in combination with the other factors, this helped increase the total fleet by 5.7 percent to 22.3 million teu at the end of 2018, according to Alphaliner.

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