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Historically low scrapping of container ships in second half of 2021

Container lines are in full sail on getting a share of the current sky-high freight rates, which meant a historically low number of scrapping in the second half of last year. Just four container vessels were sold as scrap, according to Alphaliner.

Shipbreaking at the beaching yard Alang, India. | Photo: Amit Dave/Reuters/Ritzau Scanpix

Never have container lines earned as much money as right now, and rarely have they sent this few ships to shipbreaking yards as in the second half of 2021.

Only four vessels were so old as to have carriers depart with them as scrap, according to a report by analyst firm Alphaliner.

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