Containers

Scrapping of container ships could double this year if Red Sea reopens

Resumption of normal trading patterns could be a major catalyst for veteran container ships to leave the market

The 5,652-teu container ship Ever Uranus (built 1999) was the largest container ship to be sold for recycling in 2024.
The 5,652-teu container ship Ever Uranus (built 1999) was the largest container ship to be sold for recycling in 2024.Photo: Geographer/CC BY-SA 4.0 DEED
TradeWinds correspondentLondon
Published 15 January 2025, 15:34Updated 15 January 2025, 15:34
Ship recyclingContainer charter ratesMSC Mediterranean Shipping CompanyAlphaliner