Breakers in Pakistan paid $435 per ldt for the 298,816-dwtDelos (built 1995), according to demolition brokers and cash buyers.

The figure is $15 per ldt higher than rates recently securedfor VLs in the country.

But the total $18.4m received is well under half the $44.5mthat Embiricos is thought to have paid BW Maritime for the vessel, then namedBW Hibiscus, in 2010.

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