Drewry Says Scrapping Younger Containerships Will Help Rebalance Supply and Demand

By Mike Wackett (The Loadstar) - Drewry has urged containership owners planning to scrap older vessels this year to “get a move on”. The number of vessels scrapped last year fell to an eight-year low, adding to the overcapacity issues blighting the liner industry and the maritime consultant said: “It would certainly help the supply-demand balance if more at the top end of … [Read more...]