Sun, 04 Oct 2020 21:00:59 +0000

Tanker demolitions have not kept up with last year’s pace, adding to fears that a market recovery could take longer to take place. In its latest weekly report, shipbroker Gibson said that “since the beginning of last year less than 60 tankers over 25,000 dwt have been scrapped, roughly half of what was scrapped in …

 

Full article: https://www.hellenicshippingnews.com/tankers-scrapping-at-half-of-last-years-level/