It has been the busiest week for a long time for scrapping big bulkers. At least 10 ships were sold and there are more in the pipeline.
The prices achieved for the 172,000-dwt Channel Alliance (built 1996) and Channel Navigator (built 1997) have not been disclosed but it is expected that they fetched around $8.3m each.
They are the only 1990s-built bulkers in Golden Ocean’s fleet and have been operating in the spot market.
