“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, high uncertainty over the demand outlook could be delaying recycling decisions,” says Filipe ...<p><p>https://www.hellenicshippingnews.com/dry-bulk-ship-recycling-falls-24-to-17-year-low/</p></p>