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Demolition Market Under Pressure as Rates Fall

The current freight rate crisis across most markets could offer a solid opportunity for ship owners to sell some of their older ships and alleviate tonnage oversupply issues. However, over the course of the past week, prices offered by scrapyards have also started to retreat. In its latest weekly report, shipbroker Clarkson Platou Hellas said ...

WP_Post Object ( [ID] => 222462 [post_author] => 78 [post_date] => 2020-02-12 22:00:59 [post_date_gmt] => 2020-02-12 22:00:59 [post_content] => The current freight rate crisis across most markets could offer a solid opportunity for ship owners to sell some of their older ships and alleviate tonnage oversupply issues. However, over the course of the past week, prices offered by scrapyards have also started to retreat. In its latest weekly report, shipbroker Clarkson Platou Hellas said ... [post_title] => Demolition Market Under Pressure as Rates Fall [post_excerpt] => The current freight rate crisis across most markets could offer a solid opportunity for ship owners to sell some of their older ships and alleviate tonnage oversupply issues. However, over the course of the past week, prices offered by scrapyards have ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => demolition-market-under-pressure-as-rates-fall [to_ping] => [pinged] => [post_modified] => 2020-02-12 22:00:59 [post_modified_gmt] => 2020-02-12 22:00:59 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=804675 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )