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Tankers and Gas Dry Bulk Ship Recycling

Hyundai LNG sells second steam turbine gas carrier for scrap

  • South Korea’s Hyundai LNG has sold a 25-year-old LNG carrier for recycling on an ‘as is’ basis
  • Sale follows that of the 1996-built Hyundai Greenpia to Indian ship recyclers in January
  • Several shipowners have committed steam turbine LNG tankers for recycling after a downturn in freight rates from the third quarter of 2024

  • News

Ship recyclers remain starved of tonnage but rising steel plate prices could lead to more owners selling aged ships for scrap

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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