World Tankers Gets $11m from Vessel Scrapping

1 September 2009 (Last Updated September 1st, 2009 18:30)

World Tankers Management Singapore has received nearly $11m from the scrapping of one of its very large crude carriers. The company has sold its 1989 built 248,034dwt Clovely to Bangladesh, tradewinds.no reports. The vessel was sold for the equivalent of $374 per

World Tankers Management Singapore has received nearly $11m from the scrapping of one of its very large crude carriers.

The company has sold its 1989 built 248,034dwt Clovely to Bangladesh, tradewinds.no reports.

The vessel was sold for the equivalent of $374 per ldt, bringing in $10.94m for World Tankers.