Scrapping of container ships intensify after higher scrap prices

25 container ships were sold as scrap in June, and this almost corresponds to half of the capacity scrapped since the start of the year. But prices are still low, writes Alphaliner.

Photo: Amit Dave/Reuters/Ritzau Scanpix

The market for scrapping of container ships is now up and running again after the coronavirus pandemic.

According to analyst firm Alphaliner, 25 container ships for a total of 68,000 teu were sold as scrap in June. This corresponds to almost half of the capacity scrapped since the start of the year.

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

Bawat targets Stockholm listing to raise fresh capital

With an IPO in Stockholm, ballast water system supplier Bawat aims to secure capital for the company’s continued development. The listing comes just six months after the company’s latest cash injection. ShippingWatch has spoken to CEO Marcus Hummer.

Further reading

Related articles

Latest news

See all jobs