The owners of an aframax that suffered an engine room fire in December have decided the comparatively youthful tanker is not worth repairing.
Universal Tanker has pocketed $5.59m from the decision to scrap the 2006-built Marquessa. The 104,591 dwt ship has been sold as is in Manila.
The vessel was towed to the Philippines after being hit by an engine room fire on December 8 off southern Taiwan while ballasting from China to Singapore.