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

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

The vessel in question is a 25-year-old VLCC set to be scrapped at a ship-breaking yard in Pakistan.

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