Two years after MSC Mediterranean Shipping Company sold the container ship MSC Giovanna (built 1987) to Niki Shipping and bareboat chartered it back, the 2,098-teu vessel is heading for the recycling beach at Alang.
The MSC Giovanna is one of four container ships reported as sold for recycling this week as the expected pace of scrapping in the sector picks up from a dribble into a steady stream.
