Tanker scrapping remains solidly the “talk of the town” after a first quarter that has seen over 200 ships sold for demolition, says Ed McIlvaney.
The flow of wet tonnage to scrapyards is set to continue throughout the year unless there is a massive turnaround in the chartering market, he says.
McIlvaney’s figures show that 213 vessels, of all types and with a deadweight of close to 10.4m
