BIMCO: Boxship demolition at 41-month high in July

In the first seven months of the year a total of 152.8 thousand TEU has been demolished, up 26.3% from last year.

16 ships have been demolished in July, including the 1998 built Sine Maersk, the largest container ship ever to be demolished at 9,600 TEU.

The strong demolition volumes in June and July come after a very slow few months for demolition activity.

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