In a motion filed with US Bankruptcy Courtfor the District of Delaware the US operator asked the judge overseeing itsChapter 11 case for permission to sell the 95,000-dwt Overseas Beryl (built1994) for scrap.
The company claims the asset has beenwell maintained but noted the cost of maintenance, repair and operationsincrease with age and was quick to point out that its fourth special survey,which is due later this year, would likely carry a price tag of approximately$3m.
“In
