Cash buyers betting on a recovery in the
South Asian ship demolition market in March have been paying above-average
prices for elderly vessels.
Some ships fetched competitive prices for recycling
in Pakistan, where the government has halted all ship-breaking activity after
an LPG carrier, Chaumadra, exploded while being dismantled on 9 January. The
incident killed five workers in the recycling yard.
The Blumenthal-controlled 1997-built Panamax
bulk carrier Carola fetched USD3.16 million or USD332/ldt, while Star Bulk
Carriers’ 2001-built Capesize bulk carrier Star Eleanora was purchased for
USD8.26 million or USD345/ldt, a figure described by cash buyer Global
Marketing Systems as “unrealistic’.
German liquidators for the KG fund behind
1997-built 2,400 teu feeder ship Anna Schepers sold the vessel for USD3.48
million or USD327/ ldt on an “as is” basis in Jebel Ali. The situation is the
market in Pakistan was such that container ships, which tend to go to India,
were lured away.
Source: fairplay. 15 February 2017
No comments:
Post a Comment