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    SeaNews Türkiye - Maritime Intelligence

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    High level of ship demolition continues despite low scrap prices
    shipbuildingDec 10, 2025

    High level of ship demolition continues despite low scrap prices

    THE high rate of vessel demolition that started at the end of last year is continuing, with 19 containerships for a total of 58,000 TEU being scrapped in the first two months of this year; and Drewry forecasts a rising number of ships will enter the demolition derby in 2016.