Tanker scrapping in 2021 could be on track to reach the second highest level in a decade, according to the world’s largest shipbroker.
After oil tanker recycling reached 19.7m dwt in 2018, the highest level in over 30 years, activity was subdued across 2019 and 2020, according to Clarksons.
Volumes were limited in 2020 in particular by impacts of the Covid-19 pandemic, with the first half of the year seeing very strong tanker market conditions.
