Demolitions of aging container ships dropped last year to the lowest level in at least six years as high charter rates encouraged owners to keep ships operating, according to shipping intelligence provider Alphaliner. An estimated 16,500 TEUs of container carrying capacity was scrapped in 2021, down from 194,500 TEUs in 2020 and 655,000 TEUs in …
The post Container ship demolitions dropped to multi-year low in 2021: Alphaliner first appeared on Hellenic Shipping News Worldwide.