Record number of container ships scrapped this year

In spite of the massive amount of container ships sent to scrapping, there was, according to Alphaliner, 496,000 teu delivered in the first four months of the year, three times more than the amount taken out of the market.

Photo: IMO

Container ship scrapping will reach a record high level in 2013, but it's still far from enough to make up for the many new ships being delivered, writes Alphaliner on Tuesday.

Scrapping is expected to reach 450,000 teu this year if the current scrapping rate continues for the rest of the year. This means that the previous record, of 381,000 teu back in 2009, will be surpassed in 2013.

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