Alibra: Tanker scrapping taking off

Logistics shipsales

Brokerage says 2017 running demolition total is already past 2016 level. 

Greek
owners
have
helped
drive
an
upturn
in
tanker
scrapping
this
year
with
more
tankers
sent
to
the
breakers
during
2017
to
date
than
during
the
whole
of
2016,
Alibra
Shipping
says.

The
brokerage
counts
49
tankers
scrapped
so
far
this
year
following
John
Angelicoussis’
sale
of
the
286,000-dwt
Maran
Lyra
(built
1995)
reported
by
TradeWinds
yesterday.

This
compares
with
the
41
tankers
demolished
during
2016,
Alibra
said
in
its
weekly
report
today.

It
explains
24%
of
the
tankers

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Andy Pierce