Nearly half a dozen elderly vessels tied to this category were sold for demolition within the past two weeks, market sources told TradeWinds Monday.
The list includes the likes of the 38,400-dwt Pacific Success (built 1989), which is controlled by Hyundai Merchant Marine of South Korea.
According to Lion Shipbrokers of Greece the unit was sold “as is” in Singapore for approximately $475 per ldt, which amounts to a payday of nearly $3.8m.
The
