As you sort through the ‘ship type’ options in the charts below, you can see that all vessels do not age equally. Market conditions determine the build and scrapping cycles, which vary according to ship type.
With an ageing fleet, the decision must be made: do you scrap, or invest? Take bulkers for example – with the rapidly aging dry bulk fleet & the acceleration of scrapping, how do you stay on the front foot? Do you extend the life of your bulker or invest your money elsewhere?
When considering whether to buy, sell or scrap, timing is everything. Our data insights can help customers plan ahead & make an informed decision.
The charts below show the average age of scrapping & the number of vessels scrapped by year. You can filter by ship type & size to see the data most relevant to your fleet.
Contact our team for more information.