German shipbroker Hanse Bereederung believes the floodgates will soon open in the container ship scrapping market as older vessels become obsolete.
A cull of veteran vessels had been delayed by record rates and demand caused by a locked-down global population spending money on goods, not services.
But this trend has now reversed.
Alex Karydis, director of chartering and sale and purchase at Hanse Bereederung, said: “We see the charterers are adopting a different strategy: more efficient ships with more cargo.
