Demolition activity continued to focus on tankers in recent days, even as VLCC scrapping cooled.
South Korea’s Sinokor Merchant Marine has sold the 105,000-dwt aframax Pacific Trader (built 1998).
European demolition sources said the tanker was sold for optional delivery for a firm $474 per ldt, or $7.9m. Sinokor bought it as the Cape Anacona from Koenig & Cie of Germany for $10.5m