NewsRCL kick-starts predicted new round of boxship demolition as rates fall

October 5, 2022by 0

Thai intra-Asia carrier Regional Container Lines has ended a nine-month drought in box ship demolition with what could be the first to be scrapped this year.
A RCL spokesperson confirmed to The Loadstar that it had sold its 1990-built 1,248 teu Mathu Bhum for recycling on 25 September.
Its final destination is not known, said the spokesperson, adding that Mathu Bhum was sold to a cash buyer.
Brokers estimate the sale price at …

The post RCL kick-starts predicted new round of boxship demolition as rates fall appeared first on The Loadstar.

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