Thu, 04 Apr 2024 21:00:58 +0000
Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market shocks and low orderbooks have kept older ships operating for longer than usual. During the first quarter of 2024, only two million deadweight …
Full article: https://www.hellenicshippingnews.com/demand-shocks-drive-ship-recycling-to-lowest-level-in-20-years/