Thomas G. Ernst & Co.


Bulk Carriers on the spot

Bulker demilition versus new buildings within 2016

The demolition of Bulk Carriers in 2016 stands at about 30 Mio Dwt versus
total newbuildings count over 700 ships with about 59 mio Dwt.
(2017 almost 900 ships are to be delivered with abt. 67 mio Dwt)
(2018 only 180 ships of this type will be delivered with abt. 11 mio Dwt)

All compared to abt. 11,000 Bulkers with abt 850 mio Dwt existing.