Thomas G. Ernst & Co.


Container Ship Scrapping

Containership scrapping tripples

According to BIMCO almost 160,000 teu of panamx containerships only have been demolished in the 1st half 2016. That is the same number, that was scapped in this size of ship scrapped in the 1.5 years before i.e. from mid 2014 until end 2015 !

“Bimco is therefore raising its forecast for containership demolition from 250,000-teu to 400,000-teu for the whole of 2016."