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Dry Bulk Europe DVB

Average age of scrapped capesizes to fall in 2009

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THE average age of capesize bulk carriers sold for demolition is forecast to fall to 22 years in 2009, with 69 scrapped this year alone, as owners try to obtain value from vessels stuck in a dire charter market.

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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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