Dry bulk scrapping age keeps moving upward
12 March 2012In poor freight markets you might think that vessels were being recycled at a younger and younger age, but looking into the data a different story reveals itself.
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In poor freight markets you might think that vessels were being recycled at a younger and younger age, but looking into the data a different story reveals itself.
The positive stories continue to show themselves in the container shipping segment, with freight rates holding up well and demolition activity staying strong. In the light of the slowly developing demand side, it’s very positive that the industry deals with the supply side issues to improve the fundamentals.
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