Fewer bulkers scrapped in 2016 – 08-Dec-2016

Eastern Panamax freights running in place
Pacific Panamaxes seem to have lost some of their buoyancy, though freights continue to trend largely sideways even as shipowners fear tides may turn against them if cargoes don’t come back strong. (p. 1)

Tunisia driving southern Med cargo demand
Taking the crown of busiest African Med country, Tunisia has been importing all kinds of construction materials and agri-prods. (p. 2)

 

2016 bulker demolitions to lag 2015 numbers
Despite predictions, fewer bulkers will be scrapped this year than last with some 420 bulkers scrapped in 2015 compared to 376 so far this year. (p. 6)

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