Tanker scrapping activity continued to dominate the market in the third quarter of 2018 backed by a spike in September, new figures show.
Double the number of tankers were scrapped between the start of July and the close of September this year compared to last, with the jump greater in capacity terms, figures from specialist Ed McIlvaney show.
He counts 221 tankers and combination carriers sold for scrap in the third quarter of this year, with the ships accounting for a combined 19,931,660 dwt.
