Drewry: Only half as many ships scrapped in 2015
Container carriers are scrapping significantly fewer ships in 2015 than last year, primarily due to lower scrap prices and periodical surges in demand. But scrapping does not alleviate overcapacity on the main routes anyway, writes Drewry.
BY DANIEL LOGAN BERG-MUNCH
The hard-pressed container shipping companies have significantly reduced their scrapping pace in 2015 when compared to the same period last year.
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