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Suezmax
10 sister tankers of one design, built 2007–2011 in South Korea.
$20,733,000
Condition B: Idle for a while: steelwork and machinery.
| Hull23,800 LDT × $520 scrap price × 1.36 for age and condition | $16,831,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition B23,800 LDT × $60 | $1,428,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,174,000 |
| Total, ready to trade | $20,733,000 |
$21,066,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull23,800 LDT × $520 scrap price × 1.27 for age and condition | $15,718,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C23,800 LDT × $120 | $2,856,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,192,000 |
| Total, ready to trade | $21,066,000 |
$21,066,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull23,800 LDT × $520 scrap price × 1.27 for age and condition | $15,718,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C23,800 LDT × $120 | $2,856,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,192,000 |
| Total, ready to trade | $21,066,000 |
$21,257,000
Condition B: Idle for a while: steelwork and machinery.
| Hull23,800 LDT × $520 scrap price × 1.40 for age and condition | $17,326,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition B23,800 LDT × $60 | $1,428,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,203,000 |
| Total, ready to trade | $21,257,000 |
$21,652,000
Condition B: Idle for a while: steelwork and machinery.
| Hull23,800 LDT × $520 scrap price × 1.43 for age and condition | $17,698,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition B23,800 LDT × $60 | $1,428,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,226,000 |
| Total, ready to trade | $21,652,000 |
$21,692,000
Condition A: Kept in trim at anchor: light repairs.
| Hull23,800 LDT × $520 scrap price × 1.51 for age and condition | $18,688,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A23,800 LDT × $20 | $476,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,228,000 |
| Total, ready to trade | $21,692,000 |
$21,853,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull23,800 LDT × $520 scrap price × 1.33 for age and condition | $16,460,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition C23,800 LDT × $120 | $2,856,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,237,000 |
| Total, ready to trade | $21,853,000 |
$22,217,000
Condition A: Kept in trim at anchor: light repairs.
| Hull23,800 LDT × $520 scrap price × 1.55 for age and condition | $19,183,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A23,800 LDT × $20 | $476,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,258,000 |
| Total, ready to trade | $22,217,000 |
$22,741,000
Condition A: Kept in trim at anchor: light repairs.
| Hull23,800 LDT × $520 scrap price × 1.59 for age and condition | $19,678,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A23,800 LDT × $20 | $476,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,287,000 |
| Total, ready to trade | $22,741,000 |
$23,266,000
Condition A: Kept in trim at anchor: light repairs.
| Hull23,800 LDT × $520 scrap price × 1.63 for age and condition | $20,173,000 |
|---|---|
| OFAC licence and lawyers | $500,000 |
| Repairs, condition A23,800 LDT × $20 | $476,000 |
| Class renewal survey | $800,000 |
| Our margin, 6% | $1,317,000 |
| Total, ready to trade | $23,266,000 |
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.