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Ship Recycling Tankers and Gas Dry Bulk

Ship recycling falls to 15-year low

A big decline in sales of crude tankers saw volumes drop to 3.6m gross tonnes in the first seven months of 2023, down from 4.9m gt in the same period last year

  • Analysis

The scrapping trade is in the doldrums as high freight rates keep clunkers in use, while other former beachgoers are pressed into service in the so-called dark tanker trades

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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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