demolition

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Seven year old box ship heads for demolition

NOVEMBER 24, 2016 — The youngest ever containership has been sent for demolition by Rickmers Marine Trust. The vessel was India Rickmers, a seven year panamax boxship (4,250 TEU), delivered in 2009

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BWM regulations to increase tanker scrapping

NOVEMBER 16, 2016—The implementation of the IMO Ballast Water Management Convention in combination with weakness in freight rates will increase tanker shipping demolitions, according to Tanker Forecaster, a quarterly analysis published by

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BIMCO: Box ship demolition at all time high

NOVEMBER 7, 2016 —Containership demolition is at an all time high —creating what BIMCO calls “a positive surprise for the struggling container shipping industry. “ “The demolition activity in the last three

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BIMCO: Box ship demolition at all time high

NOVEMBER 7, 2016 —Containership demolition is at an all time high —creating what BIMCO calls “a positive surprise for the struggling container shipping industry. “ “The demolition activity in the last three

  • News

Ten-year old Panamax box ship sold for scrap

SEPTEMBER 21, 2016 — This will interest those who think that a return to a healthier container market will require ever-younger ships to be demolished: It’s starting to happen. According to the