Just six container ships were sold for recycling in 2022, as historically high freight rates saw demolitions sink to a 17-year low.
Alphaliner’s latest report released today (25 January) stated that the six scrapped vessels totalled just 10,600 TEUs.
Boxship demolitions in 2022 were lower than the 16,500 TEUs scrapped in 2021, and a drastic decline from the nearly 200,000 TEUs recycled in 2020. Recycling of container ships peaked in 2016 and 2017 when respectively, 655,000 TEUs and 417,000 TEUs...
https://container-news.com/boxship-demolitions-hit-17-year-low-in-2022-due-to-record-rates/