Cargo ships and cruise liners are being scrapped in growing numbers as operators hit by the fallout from the coronavirus pandemic look to turn their unemployed vessels into cash in the recycling market. Car-carrying vessels and iron-ore haulers lead the burgeoning fleet heading for demolition. Cruise ships, still idled by the restrictions imposed at the …
The post Cargo Vessels and Cruise Ships Line Up for Scrapping first appeared on Hellenic Shipping News Worldwide.