First half container ship scrapping at lowest level since 2008 says Clarksons

Scrapping volumes in the first half of this year were the second lowest half year volumes since 2008, according to Clarksons.

Recycling activity between January and June 2022 saw only 205 units of 4.9m gross tonnes head for recycling facilities.

Ship demolition volumes in the half year were down 59% in gross tonnage terms compared to average recycling volumes in the 2010s, the shipbroker said.

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