Karlis, Thanasis; Polemis, Dionysios; Georgakis, Anastasios - In: Spoudai : journal of economics and business 66 (2016) 3, pp. 53-70
The demolition market assists in balancing the supply and demand in the shipping industry and from that perspective is a major driver of market equilibrium and the level of freight rates. Even so, literature related to ship demolition, focuses mainly on the environmental and regulatory aspects...