Marine Online’s Rides On The Bullish Demolition Market
Leveraging attractive steel prices to drive more ships to the recycling yards SINGAPORE, Aug. 30, 2021 /PRNewswire/ — Ships are sent for demolition typically after between 15 and 20 years of usage. However, the pandemic’s pressure has compelled some shipowners to sustain themselves by raising capital with early vessel scrapping – cashing in on attractive steel […]