Hong Kong Convention compliant ship-breaking is receiving more green recycling enquiries, especially for container ships, according to a Braemar shipbroker analyst.
One of the ships that has been sent to Hong Kong for scrapping is reportedly Costamare’s 4,900TEU container vessel, Singapore Express. The Greek shipping company has agreed to sell the 2000-built boxship in Hong Kong for US$7.3 million (US$365/ltd), according to reports.
Singapore Express, which came off a time charter with...
https://container-news.com/another-costamare-scrapping-comes-after-demolition-market-upturn/