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Nigeria clears over $830mn blocked funds, says IATA
Eight countries account for 87% of total blocked funds, amounting to $1.6 billion at the end of April 2024.
Over 15,000 ships could be recycled by 2032: BIMCO
Historically, about 50% capacity has been recycled by the time the ships have been 25 years old and 90% by 30-35 years
