Rise in scrapping looks good for bulkers

2011-09-07T14:21:00

Breamar Seascope expects ship scrapping to result in the supply of new bulk cargo tonnage to match market demands more closely than previously thought

Braemar Seascope says that it has noticed a marked increase in ship scrapping, and that this should represent good news for the dry cargo sector and maybe the whole shipping and shipbuilding industry.

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