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Home Icon > About Us > News > Robust Demolition Activity Indicates Shipowners’ Willingness to Let Go of Older Tonnage

Robust Demolition Activity Indicates Shipowners’ Willingness to Let Go of Older Tonnage

With a global recession raging once again, as a result of the pandemic, ship owners are more inclined to let go of older, non-viable tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “a blast from the past on two occasions has emerged this week. Firstly, in Bangladesh, a new cartel has ...

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