Biggest container ship ever to be scrapped
Historically weak container rates are reflected in the number of vessels being scrapped this year. More than 500 vessels will be demolished constituting the highest number in a decade. The largest container vessel ever has just been sold for scrapping.
BY TOMAS KRISTIANSEN
Extremely low rates and the expanded Panama Canal spurred container carriers to scrap ships this year like never before. According to a study from Clarksons, more than 500 container vessels will meet their fate and be scrapped this year, constituting the highest number of scrapped vessels in the past decade and according to some , ever.
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