…
Suezmax
13 sister tankers of one design, built 2001–2006 in South Korea.
$18,056,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.03 for age and condition | $12,854,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,022,000 |
| Total, ready to trade | $18,056,000 |
$18,779,000
Condition B: Idle for a while: steelwork and machinery.
| Hull24,000 LDT × $520 scrap price × 1.20 for age and condition | $14,976,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition B24,000 LDT × $60 | $1,440,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,063,000 |
| Total, ready to trade | $18,779,000 |
$18,779,000
Condition B: Idle for a while: steelwork and machinery.
| Hull24,000 LDT × $520 scrap price × 1.20 for age and condition | $14,976,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition B24,000 LDT × $60 | $1,440,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,063,000 |
| Total, ready to trade | $18,779,000 |
$18,850,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.09 for age and condition | $13,603,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,067,000 |
| Total, ready to trade | $18,850,000 |
$18,850,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.09 for age and condition | $13,603,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,067,000 |
| Total, ready to trade | $18,850,000 |
$18,850,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.09 for age and condition | $13,603,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,067,000 |
| Total, ready to trade | $18,850,000 |
$18,850,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.09 for age and condition | $13,603,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,067,000 |
| Total, ready to trade | $18,850,000 |
$18,850,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.09 for age and condition | $13,603,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,067,000 |
| Total, ready to trade | $18,850,000 |
$19,175,000
Condition B: Idle for a while: steelwork and machinery.
| Hull24,000 LDT × $520 scrap price × 1.23 for age and condition | $15,350,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition B24,000 LDT × $60 | $1,440,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,085,000 |
| Total, ready to trade | $19,175,000 |
$19,481,000
Condition A: Kept in trim at anchor: light repairs.
| Hull24,000 LDT × $520 scrap price × 1.33 for age and condition | $16,598,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A24,000 LDT × $20 | $480,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,103,000 |
| Total, ready to trade | $19,481,000 |
$19,644,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull24,000 LDT × $520 scrap price × 1.15 for age and condition | $14,352,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C24,000 LDT × $120 | $2,880,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,112,000 |
| Total, ready to trade | $19,644,000 |
$20,407,000
Condition A: Kept in trim at anchor: light repairs.
| Hull24,000 LDT × $520 scrap price × 1.40 for age and condition | $17,472,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A24,000 LDT × $20 | $480,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,155,000 |
| Total, ready to trade | $20,407,000 |
$20,936,000
Condition A: Kept in trim at anchor: light repairs.
| Hull24,000 LDT × $520 scrap price × 1.44 for age and condition | $17,971,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A24,000 LDT × $20 | $480,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,185,000 |
| Total, ready to trade | $20,936,000 |
Typical figures for tankers of this class; fuel at sea covers the main engine, generators and boilers.
Lightweight is the weight of the empty ship, the figure a breaker pays for, estimated for this design's deadweight.