Old panamaxes are expected to make up most of tonnage scrapped this year with 16 vessels of 4,000- to 5,000-TEU destined for the scrapyard.
The Paris research house analyst said that 42,000 TEU of capacity had already been removed in the first three weeks of the year and 113,000 TEU in ships were due to be sent for scrap in the coming weeks, reported Seatrade Maritime News.
The Paris research house analyst said that 42,000 TEU of capacity had already been removed in the first three weeks of the year and 113,000 TEU in ships were due to be sent for scrap in the coming weeks, reported Seatrade Maritime News.