Slow tonnage supply hinders ship recycling market activity.

Tonnage availability has been hard to come by in the ship recycling market. In its latest weekly report, shipbroker said that 'the supply of tonnage to the market has slowed considerably with only a handful of units being circulated into the market. The question is whether they will be sold for recycling or if some traders come out of the woodwork whilst charter rates improve. Clients of Evergreen this week circulated two sister container vessels, the...