Only 82 containerships for 145,950 teu have been scrapped so far this year, with full year 2023 scrapping estimates expected to reach less than 170,000 teu, which is about 0.6% of the operating fleet of 27.5mn TEU. Although scrapping activity is forecast to rise in 2024, the scrapping rate will remain low at less than 300,000 teu expected to be deleted next year. Although MSC has the largest fleet of elderly tonnage in its books, the average age of the ships it has scrapped so far this year at