Owners look to lay-up as they navigate COVID-19 trade declines.

Source: Lloyd's Register

Original Date Posted: 5/11/2020

Reactivation requirements, anchorage choice and how best to protect their tonnage among the key challenges facing operators. For the first time in a decade, large numbers of ships are heading for lay-up as the COVID-19 pandemic crushes demand for consumer goods and widespread travel restrictions temporarily end passenger cruising.

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