There is a container ship being sent to dismantle. This is also the first ship to be sent to demolish in 2022!
In the past two years, container freight has increased, and the asset prices and rental levels of container ships have also soared accordingly. In this case, every ship has become a treasure in the market, and all container ships have been put into actual operations.
latest news says that a container ship , built in 1990 (already 32 years old) called Mathu Bhum (1248TEU), was sold for dismantling.
It is worth mentioning that this ship is also the first container ship to be dismantled this year.
The latest market report of Clarkson Research has not yet entered the ship's ship dismantling information, but we can see from Clarkson's data that although 124 container ships (total capacity is approximately 660,000 TEU) have been delivered to the market this year. But by September 30, no container ship had been sent to dismantle.
Image source: Xinde Maritime
Mathu Bhum's seller is Regional Container Lines, a listed shipowner company in Thailand.
The round is said to be 5130ltd, and got a $620/ltd breaking price, which means the owner will recover about $3.1 million from the transaction.
. According to Alphaliner data, the last time a container ship was sent to dismantle was in December 2021. At that time, a small boat built in 1991, Da Fa, which was only 310 TEU, was sent to the shipbreaking yard of Chittagong , to dismantle.
As shown in the Clarkson chart above, a total of 16 container ships were sent to dismantle for the whole year last year, and the total capacity for dismantle was only 12,000 TEU. It can also be seen from the average capacity that the demolition last year were all old, broken and very small ships. The data of
Alphaliner has a slight difference of 19 ships, with a total capacity of 16,500TEU.
By the second half of last year, there were even fewer ships sent to dismantle, and only four were sent to dismantle. In addition to the Da Fa wheels mentioned above, there are 982TEU's refrigerated container ships Dole California and Dole Ecuador (both built in 1989) and another 1996-built Hanjin 3006, which is only 215TEU.
The shipment and dismantling also mark a key change in the container shipping industry, that is, the current container shipping market can no longer support hundreds of old ships to continue operating.
In fact, as mentioned above, as the freight rate and charter markets decline, and the shipping industry will face strict environmental legislation starting next year, the pressure for container ships to be sent to dismantled is increasing.
As Xinde Maritime Network previously introduced in the article "This type of ship begins to cause more and more disputes", small branch container ships are currently facing the greatest pressure, and the charter rates and value of these ships have fallen the fastest.
, especially those ships below 3000 TEU, more than 20% of these ships have aged more than 20 years.
Starting from 2023, these ships will face strict carbon emission reduction laws and regulations.
Maersk Broker pointed out that as 2023 approaches, these regulations may cause most of the regional container fleets to "experience many outdated problems in the technical and commercial aspects."
For example, the Mathu Bhum wheel described in this article is one of the vessels that may be difficult to meet the requirements of the upcoming carbon intensity indicator.
According to Clarksons' calculation, the current carbon intensity of the ship is only a very low D-class, so corrective measures are needed. The best way to correct such ships is to dismantle them. Analysts at
Alphaliner believe that by 2023, 250,000 TEU or more of container ship capacity may be sent to shipbreaking yards.
This article is from " Xinde Maritime ", author Xinde Maritime Network Column
