Approximately 100 container ships, aggregating 240,000TEU, are expected to be demolished during 2020, according to Jonathan Roach, a container trade and shipping analyst from Braemar ACM Shipbroking.
During the first three quarters of this year, it is estimated that 81 container vessels totalling 193,000TEU have been sold for demolition, which is around a 15% year-on-year increase in terms of TEU capacity. During the corresponding period in 2019, the industry saw approximately the same number of...
https://container-news.com/demolition-market-volatility-will-see-100-boxships-scrapped-this-year/