‘Ship Scrap Flood’:15,000 Ships To Be Scrapped By 2032

Capt. John
Credits: Cindy Shebley/ Pexels
  • Over the past 10 years, 7,780 ships with a deadweight capacity of 285m tonnes were recycled.
  • Historically about 50% of bulk, tanker, and container deadweight capacity has been recycled by the time the ships would have been 25 years old.
  • More than 3,500 ships a year need to be built or refitted, every year, until 2050, according to analysis by Shipping Strategy

The long-awaited flood of ship scrap candidates could top most projections, new analysis from BIMCO, the...

https://mfame.guru/ship-scrap-flood15000-ships-to-be-scrapped-by-2032/

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