The demolition market is in a state of flux after a tanker sale signalled a reverse in recent price falls.
Marine Management of Greece is said to have sold the 55,000-dwt United Sunrise (built 1982) to Bangladesh for $765 per ldt, or $8.5m.
This has surprised the market as tanker prices fell in April from around $750 per ldt to $700 per ldt and in some cases even lower.
In
