“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships…<p><p>https://www.marinelink.com/news/dry-bulk-ship-breaking-skids-year-low-525774</p></p>