Elderly boxships and sanctioned aframax tanker consigned to shipbreakers
- South Korea’s Heung-A Line sells 29-year-old boxship for recycling on ‘as is’ basis
- A 2005-built aframax tanker subject to sanctions has been sold to Indian ship recyclers
- Uptick in vessels sold for scrap in the past two weeks
Eleven vessels were reported sold for recycling in the past two weeks with activity dominated by 1990s-built cargoships