Substantial demolition of panamax containerships
30 June 2016Demolition of containerships almost tripled in the first 5 months of the year 2016 in comparison to the same period of last year.
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Demolition of containerships almost tripled in the first 5 months of the year 2016 in comparison to the same period of last year.
An overview of the reports and analysis available to BIMCO members.
MDAT GoG have published useful quarterly reports which capture the past 6 months of incidents in the Gulf of Guinea.
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with demolition in every ship segment down.
January struck an upbeat tone for demolition in all sectors, but the overall pace of fleet renewal, via demolition, has slowed down since then.