SHIP OBSOLESCENCE AND SCRAPPING

The study has been written with the intention of answering three questions regarding the scrapping of ships: (a) What have been the trends in ship breaking over the period 1972-76 inclusive. (b) What economic forces can be identified as accounting for the pattern observed in (a). (c) What are likely to be the significant developments in scrappage between 1976 and 1980. In the last two sections attention is paid to two subsidiary questions - how and where will large ships be scrapped and what will be the influence of obsolescence on the future volume of tonnage broken. It would seem that the scrappage of large ships will require the introduction of novel shipbreaking techniques and a "two-tier" structure is suggested in SECTION 3 as a possible answer to the problems that surround scrapping these vessels. Within the time horizon examined, obsolescence is not seen as a major influence on the disposal of non-tanker tonnage. With tankers it is anticipated that, again during the five years to 1980, the postponement of the breaking of small ships will tend to offset in volume terms any scrapping of VLCC's due to their obsolescence.

• Corporate Authors:

  Drewry (HP) (Shipping Consultants) Limited

  Palladium House, 1-4 Argyll Street
  London W1V 1AD,   England 
• Publication Date: 1977-3

Media Info

• Pagination: 61 p.

Subject/Index Terms

• TRT Terms: Economic analysis; Equipment replacement; Ships; Waste disposal
• Uncontrolled Terms: Vessel scrapping
• Subject Areas: Economics; Maintenance and Preservation; Marine Transportation; Vehicles and Equipment;

Filing Info

• Accession Number: 00159542
• Record Type: Publication
• Source Agency: Drewry (HP) (Shipping Consultants) Limited
• Report/Paper Numbers: No. 51
• Files: TRIS
• Created Date: Sep 20 1977 12:00AM