Shipbroker Braemar is forecasting a significant increase in the demolition of feeder ships in the sector makes up the bulk of the 550 idled vessels, with 920 ships in the current aged over 20-years old.
One hundred and thirty vessels in the 1,000-1,999TEU range are idle and 287 of these units are over 20-years old, while only 70 newbuildings are expected up to be delivered by the end of 2022.
Jonathan Roach, a container shipping researcher at Braemar, told Container News, “Position lists for...
https://container-news.com/another-costamare-demolition-marks-the-limit-of-scrapping-candidates/