Market sources say the carrier will walkaway with nearly $5.5m after selling the 1,438-teu MSC Hina(built 1984) forrecycling.
According to GMS, which bills itself asthe world’s largest cash buyer, the unit fetched $502 per ldt and will betorched in India.
In a note to clients the companydescribed the rate as “firm” but noted that prices are starting to slide as theSoutheast Asian scrap market prepares for monsoon season.
