Join Date: Feb 2008
Location: Chicago, IL
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Re: Largest liveaboard *ever* sells for US .01
The scrap value is on the order of $25M. Hopefully the yard who bought her will be able to tow her, cut her up, and deliver her to market for less than that amount.
The scrap prices that I have found assume delivered at that scrapyard. Thus, the cost of towing has to be deducted from the $25 million, but chopping it up does not.
Perhaps there are issues like asbestos or something else that makes this particular ship undesirable.