Carriers may have to scrap younger ships in upcoming years
With an abundance of new tonnage set to enter the container market in the years ahead, and with demand and volumes appearing to have started a downward trajectory, the sector may have to scrap younger ships to a large extent. Alphaliner has examined carriers’ demolition possibilities.
by DANIEL LOGAN
The container market is facing a boom in new capacity set to enter the market from next year and ahead, but the new vessels are coming into a market where demand is on the decline.
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