…
VLCC
12 sister tankers of one design, built 2000–2004 in Japan.
$29,994,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull41,400 LDT × $520 scrap price × 1.00 for age and condition | $21,528,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition C41,400 LDT × $120 | $4,968,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,698,000 |
| Total, ready to trade | $29,994,000 |
$30,328,000
Condition B: Idle for a while: steelwork and machinery.
| Hull41,400 LDT × $520 scrap price × 1.13 for age and condition | $24,327,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition B41,400 LDT × $60 | $2,484,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,717,000 |
| Total, ready to trade | $30,328,000 |
$30,328,000
Condition B: Idle for a while: steelwork and machinery.
| Hull41,400 LDT × $520 scrap price × 1.13 for age and condition | $24,327,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition B41,400 LDT × $60 | $2,484,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,717,000 |
| Total, ready to trade | $30,328,000 |
$30,328,000
Condition B: Idle for a while: steelwork and machinery.
| Hull41,400 LDT × $520 scrap price × 1.13 for age and condition | $24,327,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition B41,400 LDT × $60 | $2,484,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,717,000 |
| Total, ready to trade | $30,328,000 |
$31,310,000
Condition A: Kept in trim at anchor: light repairs.
| Hull41,400 LDT × $520 scrap price × 1.25 for age and condition | $26,910,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition A41,400 LDT × $20 | $828,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,772,000 |
| Total, ready to trade | $31,310,000 |
$31,363,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull41,400 LDT × $520 scrap price × 1.06 for age and condition | $22,820,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition C41,400 LDT × $120 | $4,968,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,775,000 |
| Total, ready to trade | $31,363,000 |
$31,925,000
Condition B: Idle for a while: steelwork and machinery.
| Hull41,400 LDT × $520 scrap price × 1.20 for age and condition | $25,834,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition B41,400 LDT × $60 | $2,484,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,807,000 |
| Total, ready to trade | $31,925,000 |
$32,048,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull41,400 LDT × $520 scrap price × 1.09 for age and condition | $23,466,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition C41,400 LDT × $120 | $4,968,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,814,000 |
| Total, ready to trade | $32,048,000 |
$32,048,000
Condition C: Long lay-up or damage: heavy repairs.
| Hull41,400 LDT × $520 scrap price × 1.09 for age and condition | $23,466,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition C41,400 LDT × $120 | $4,968,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,814,000 |
| Total, ready to trade | $32,048,000 |
$32,609,000
Condition B: Idle for a while: steelwork and machinery.
| Hull41,400 LDT × $520 scrap price × 1.23 for age and condition | $26,479,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition B41,400 LDT × $60 | $2,484,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,846,000 |
| Total, ready to trade | $32,609,000 |
$34,733,000
Condition A: Kept in trim at anchor: light repairs.
| Hull41,400 LDT × $520 scrap price × 1.40 for age and condition | $30,139,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition A41,400 LDT × $20 | $828,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,966,000 |
| Total, ready to trade | $34,733,000 |
$34,733,000
Condition A: Kept in trim at anchor: light repairs.
| Hull41,400 LDT × $520 scrap price × 1.40 for age and condition | $30,139,000 |
|---|---|
| OFAC licence and lawyers | $600,000 |
| Repairs, condition A41,400 LDT × $20 | $828,000 |
| Class renewal survey | $1,200,000 |
| Our margin, 6% | $1,966,000 |
| Total, ready to trade | $34,733,000 |
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.