Boxship demolition and recycling down
In 2024, 56 vessels were sold for recycling, totaling 80,950 TEUs, i.e. half of the capacity recycled in 2023
Shipbreaking boom over next decade
BIMCO: 15,000 ships will be taken out of service over the next ten years, double the number from 2011 to 2022
Evergreen scraps one of its boxships
Three years after its last sale, the Taiwanese company has sold the Ever Diadem to Indian shipyards
Ship-breaking market booming
In the first few months 28 boxships totalling 48,555 TEU were sold for demolition and recycling
Boxship scrapping down to zero
With freight rates still high, shipping lines prefer not to decomission even their oldest vessels