Norwegian owner Odfjell is said to have signed a demolition deal with an Indian scrapper.
According to cash buyer GMS, the handysize 39,500-dwt Bow Leopard (built 1998) appears to be headed to a scrap facility in India, valued in $435 per ldt.
GMS said comparing with current average scrapping prices of $410/ldt, Odfjell seems to have secured a premium.
Published : December 18, 2012
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