
Red Sea Avoidance Continues to Restrict Recycling of Aged Boxships
Red Sea Avoidance Continues to Restrict Recycling of Aged Boxships With Red Sea route closures likely to persist into 2026, containership recycling stays at historic lows, constrained by trade dynamics and falling scrap prices London| 16 July 2025 The containership recycling market has continued to stagnate through the first half