Greek owner Adam Polemis seems to be selling yet another crude carrier for demolition at a juicy price.
Brokers in London and the US report that Polemis outfit New Shipping has agreed to scrap the 105,800-dwt aframax Star I (built 2001) in Pakistan at $650 per ldt. This translates into a price of about $11.4m for the South Korean-built vessel.
