June container ship demolitions increase year-to-date volumes by 100%

June alone saw as many container ship demolitions as the first five months of 2020 combined, doubling year-to-date volumes. In June, 20 ships with a 48,915 TEU of container shipping capacity were sold for breaking in the three main sites of India, Pakistan, and Bangladesh. This marks a 40-months high level, the highest amount since …