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Many Container Ships are Being Scrapped

(Maritime Denmark)

The number of container ships that are scrapped, will peak this year, assesses Bimco, and it is particularly small container ships. 28 percent of the ships to be scrapped, are ships of less than 3,000 TEU. It is important for the container companies to get the unit cost down.

“The small vessels are more than matched by the other ships. Container shipping is most effective when you get the unit cost down. It is not the big ships being the cause of the crisis we are in. Read more here.