Scrapyard prices are rising at the same time as increasing numbers of ships are coming up for demolition , according to a weekly note from Clarkson Platou Hellas . It said hull prices had risen by $ 40-$50 per light ##weight ton , and were approaching those seen at the end of the year . The shipbroker believed the increased prices would tempt more owners into selling their older vessels , but so far the market has n't been inundated with tonnage .
Scrapyard prices are rising at the same time as increasing numbers of ships are coming up for demolition, according to a weekly note from Clarkson Platou Hellas. It said Scrapyard prices had risen by $40-$50 per light displacement ton, and were approaching those seen at the start of the year. The shipbroker said the increased rates could tempt more owners into selling their older vessels, but so far the market hasn't been inundated with tonnage.