Scrapping in drybulk shipping may outpace last year's tonnage by a nautical mile if the sector's woes continue, according to Safe Bulkers' Polys Hajioannou. "This year we could be surprised by the number of scrapping that we will see," the
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Drybulk scrapping could be 'surprising' in 2019
Market conditions could cause demolitions to quadruple from last year, Safe Bulkers chief executive Polys Hajioannou says.