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
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.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading