First supertanker sold for scrapping in 512 days

A VLCC ship has just been sent for demolition for the first time in nearly one and a half years, writes Bimco. In the same period, shipping companies have taken delivery of 40 newbuilds.
Archive photo. The picture is from a ship-breaking year in Gadani, where many vessels are scrapped. | Photo: Akhtar Soomro/Reuters/Ritzau Scanpix
Archive photo. The picture is from a ship-breaking year in Gadani, where many vessels are scrapped. | Photo: Akhtar Soomro/Reuters/Ritzau Scanpix

For the first time in nearly one and a half years, a supertanker has been sent for scrapping by its owner.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading