Indian aframax and ageing handysize bulker sold for scrap as recycling sales remain limited
- Shipping Corporation of India has sold a 23-year-old aframax tanker to cash buyers
- Hong-Kong based owner sells 1995-built bulk carrier to Indian ship recyclers
- Cash buyer GMS says ‘constant geopolitical drama’ depriving recycling markets of all types of tonnage
Two vessels were reported as sold for scrap during the past week during a fallow period for ship recycling
