Ship recycling tonnage in June lifted by big bulkers and a gas carrier
- Lloyd’s List Intelligence data shows that total tonnage recycled in June was up by some 70% compared to May
- The capesize bulker segment and the LNG sector provided a big boost to scrapping volumes
- Bangladesh recyclers handled most of the larger ships in June, but India is expected to benefit from having the most Hong Kong Convention-compliant yards going forward
A total of 22 merchant vessels, of a combined 676,976 gt, were beached at recycling destinations in June, Lloyd’s List Intelligence data shows
