Norwegian investor KLP has reacted strongly to the sight of two former Nordic American Tankers’ suezmaxes being beached in Bangladesh.
The 147,000-dwt Nordic Aurora and Nordic Sprite (both built 1999) were in November reported sold for scrap to India for $442.5 per ldt or $10m each.
However, both ships have now been beached in Bangladesh’s demolition hub of Chittagong, according to Norwegian daily Dagens Naeringsliv.