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Dry Bulk Tankers and Gas Ship Recycling

Recycling tonnage plummets in April as owners keep older ships trading

  • After a surge in beachings of larger vessels in the first quarter of the year, April showed a marked downturn
  • Shipowners appear to be awaiting trade negotiations clarity before deciding whether to continue trading older ships or selling them for scrap

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The volume of vessels recycled by gross tonnage fell 60% in April compared with March, Lloyd’s List Intelligence data shows

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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