"One in five of the global container fleet is ripe for demolition, with the world’s largest liner, Mediterranean Shipping Co (MSC), accounting for nearly 25% of all boxships aged 20 or over, according to new analysis from Alphaliner. As such, MSC’s decision when to scrap and in what quantity could affect the fortunes of many other lines looking at the overcapacity projections plaguing the container sector for the coming years." See the original story at: Splash247.
Source: Splash247