Originally Posted by Stumble
Not that much really. And the towing cost to get it to a yard capable of scrapping something this large is going to be substantial (Pennsylvania to Texas). Seeing how it was sold to the highest bidder at public auction I am guessing that no one else wanted it.
Scrap value of a ship is right around $425 per ton. For a VLCC that can be $10 - $20 million dollars.
What is the dwt of this ship?