Drewry: Scrapped ships have no real effect
Even though the number of scrapped container ships in 2014 has increased drastically, the combined effect on the overcapacity in the container fleet remains extremely modest.
BY OLE ANDERSEN
Even though the number of scrapped container ships has increased drastically in 2014, and is expected to keep rising throughout the rest of the year, the development will have a very limited impact on the current overcapacity of ships in relation to demand where the effect would otherwise be biggest, namely on the East-West trades.
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