Originally Posted by jzk
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?
I just shopped scrapping a ~30 ton vessel, and was offered a max of $3,000 delivered. But they required removal of all fuel, oil, and other pollutants.
Like I said, it was sold at auction, with public notice... Anyone who wanted her was welcome to show up and bid. So clearly no one wanted it.