Algeria’s Sonatrach has sold a 40-year-old LNG carrier for demolition in what is set to be the first scrap sale for this type of vessel in 2021.
Brokers reported the 126,130-cbm Ramdane Abane (built 1981), which is controlled by Sonatrach’s shipowning arm Hyproc Shipping, fetched $345 per ldt.