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International Dry Bulk Ship Recycling

Strong dry bulk market hinders scrapping

The number of bulkers heading to the breakers has slowed, despite high steel prices. Current strong freight rates are discouraging owners from shedding tonnage

  • Analysis

According to Lloyd's List Intelligence data, 72 units for 7.2m dwt have so far been removed from the bulker fleet. That is way below last year’s demolition level

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International Dry Bulk Ship Recycling
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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