Neutralising the boxship orderbook would require scrapping every pre-2010 vessel

The tremendous, record volume of container newbuildings due to enter the market in the coming years will require a huge swathe of the box fleet to be scrapped, something that is not happening at present.  Splash’s lead story yesterday carried data from Linerlytica suggesting the container orderbook had hit 10.4m teu, with the orderbook ratio …

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