About 400 box ships heading for demolition after freight rate collapse

A high level of shipbreaking in the next two years will, however, not have a positive effect on capacity, according to one consultancy.
Photo: Amit Dave/Reuters/Ritzau Scanpix
Photo: Amit Dave/Reuters/Ritzau Scanpix

A large wave of scrap-ready ships are heading for demolition in South Asia after extraordinarily low shipbreaking levels during the pandemic.

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