As freight rates, particularly in the dry bulk market, ships’ recycling activity has taken a hit. In periods of a strong market environment, demolition activity tends to suffer and this has occurred once more. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “it has...
https://www.hellenicshippingnews.com/demolition-activity-suffers-as-freight-rates-rebound/