ShippingWatch

Bimco: Alarmingly weak bulk vessel scrapping activity

A large number of new vessels are headed into the dry bulk market in 2017 and 2018, which creates a major need for scrapping if the sector is to stand any chance of being profitable in 2019, warns Bimco.

Photo: Golden Ocean

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Frontpage right now

Multipurpose giant AAL: Industry faces three difficult tasks

The world's fifth-largest multipurpose carrier AAL eyes three major challenges for the sector in the next couple of years. The shipping company increased its presence in Europe before the summer and is now ready to grow more in the region, CEO Kyriacos Panayides tells ShippingWatch.

Related articles

Latest news

Jobs

See all

See all