Converted ore carriers no longer viable say BIMCO

Malcolm Latarche

Malcolm Latarche · 04 May 2020


Since June 2017, 43% of the VLOC fleet which began life as crude oil tankers have been sent to the scrapyards, while 18% of the fleet is idled or damaged. “The tragic Stellar Daisy accident brought the safety aspect of VLOCs into question. Now, three yea…

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