A Greek-controlled capesize that caused some furore last year after a failed sale amid the Chinese-Australian trade brawl, is heading for the scrapyard at a robust price.
Best Oasis and European demolition brokers report the 170,400-dwt An Li (built 2000) has been sold “as is” in Singapore for $415 per ldt, or about $10.2m.
Online data platform IHS Markit shows this is the Alpha Era, whose owner Alpha Bulkers was initially set to sell to Chinese interests back in June at a much lower price of $7.8m.