Weak scrapping in 2014 bad news for container carriers

The amount of scrapped container ships finished far below expectations in 2014, and next year looks even worse, says Alphaliner.

BY OLE ANDERSEN

Container carriers are hesitant when it comes to scrapping ships at a time when new tonnage, and ultra large vessels especially, are pouring into the global fleet. A development that - according to analyst agency Alphaliner - will worsen the already increasing overcapacity of ships.

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