Demolition

Ships

Don't count on demolition being a factor in 2023

Expectations of a surge in containership scrapping in the coming year is unwarranted as many of the older ships have been given extended lifespans in the last 2 years, having completed their class renewal surveys/special surveys that would push their useful lives until 2026-2027. Based on Linerlytica’s analysis of the containership fleet’s special survey due dates, there are less than 300 ships with a total container intake 700,000 teu that will have their 20 or 25 year surveys due in 2023, wit

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