Only 3 VLCCs sold for demolition in 2021 as secondhand prices tempt
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Only nine shipyards, out of 26, on the EU list of approved recycling facilities are realistically open for ship recycling, and only three of the 26 could recycle a large ship (Panamax size or larger), a study commissioned by BIMCO shows.
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This BIMCO COVID 19 weekly report for the week ending 19 November covers Libya, Germany and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nation... Please follow the link to continue reading.
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