Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

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

Printed By

UsernamePublicRestriction

Ship scrapping plunges to 11-year low

Prices paid for vessels by recycling yards this year declined by as much as 25% — or about $100 per light displacement tonne — by mid-2019 to about $300

The prices being offered to shipowners for scrap has been consistently low throughout 2019. This has coincided with the build-up to the IMO 2020 rules. Poor prices and a changing shipping backdrop have led to a noticably low annual scrapping figure

Related Content

Topics

UsernamePublicRestriction

Register

LL1130462

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel