According to Lloyd’s List, global boxship
scrapping volume soars in the first eight months due to the increasing steel
plate price and the accelerated replacement for the small ships.
By the end of August, totally 152,000
TEUs were sent for scrapping, almost twice of total of last year and reflecting
the low margins for shipping market.
Smaller and feeder ships are still the
majority of scrapped vessels and the average age has reduced to as young as 25
years old. The scrapping volume is predicted to come up to 200,000TEU by the
end of this year.
At present, about 300 vessels
(223,000TEU) in services are older than 25 years old, all of which are smaller
than 5000TEU.
Source: eshiptrading.
21 September 2012
http://en.eshiptrading.com/news/d/222/3266/
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