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Bimco: 500 days since last scrapping of a supertanker

According to Bimco, Monday will mark 500 days since a VLCC was last taken out of service and sold as scrap. This is even though rates have recently gone down following the boom in the spring. "Shipowners are die-hard optimistic people," says analyst.

Photo: PR/Maersk

The boom in the tanker sector this spring means that it has now been a long time since a supertanker was last sold as scrap.

According to Bimco, Monday will mark 500 days since a VLCC ship was last taken out of service and sold as scrap, namely when ship Watban sailed from Jeddah to Bangladesh.

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