SNOW 2026 Wk46 Plain
Shipping number of the week

Dry bulk ship recycling falls 36% to 18-year low

Published
11 November 2026

Between January and October 2026, dry bulk ship recycling fell 36% y/y to 3m DWT, its lowest level in 18 years. Only 70 ships were recycled, primarily smaller ships in the handysize and supramax segments, as strong freight rates have extended the operational lives of older ships.