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You are here: Home → Archive → 2009 → July → Weekly Edition 9th of July 2009 → Scrapping set to hit record

Scrapping set to hit record

by Janet Porter, London — last modified Jul 09, 2009 04:33 PM

CONTAINERSHIP demolition activity is set to reach new heights this year, making a modest dent in fleet expansion.

Industry experts are projecting boxship deletions of between 200,000 teu and 300,000 teu, more than double the amount sent to breakers last year and way above the recent norm when scrap sales have been close to zero at times.

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