Reuters : Abandon ship: oil tanker scrappage to hit multi-year high as earnings sink

2 June 2018: “About 10.3 million deadweight tonnes (DWT) have been sold for demolition from January to April this year, compared with 11.2 million DWT for the whole of 2017 and 2.5 million for 2016, said Erik Broekhuizen, head of tanker research and consulting at ship broker Poten & Partners Inc.”

To read full article, click here.