Boxship breaking at 20-year low
In 2025, only twelve containerships (8,172 TEUs) were decommissioned; the lowest number since 2005
In 2025, only twelve containerships (8,172 TEUs) were decommissioned; the lowest number since 2005
For Alphaliner, the number of demolitions in 2025 could be the lowest ever in the last 20 years
In 2024, 56 vessels were sold for recycling, totaling 80,950 TEUs, i.e. half of the capacity recycled in 2023
BIMCO: 15,000 ships will be taken out of service over the next ten years, double the number from 2011 to 2022
Three years after its last sale, the Taiwanese company has sold the Ever Diadem to Indian shipyards
In the first few months 28 boxships totalling 48,555 TEU were sold for demolition and recycling
With freight rates still high, shipping lines prefer not to decomission even their oldest vessels