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Rickmers Maritime could scrap container ship of only 7 years

Rickmers Maritime Trust is considering sending a Panamax vessel of only 7 years to be scrapped. In 2009, the youngest vessel to be scrapped was 24 years old, but overcapacity since then has pushed the scrapping age to drastically decline. A positive sign, according to one analyst.

Photo: PR-foto/Rickmers Maritime

It caused a stir when container vessel Viktoria Wulff was sold as scrap earlier this year by owner Erste RHW Schiffahrts.

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