4 ms·
Scuttling a ship doesn't get you the millions of dollars that you get from selling it to a scrapyard.
by vacri 11y ago
Scuttling a ship doesn't get you the millions of dollars that you get from selling it to a scrapyard.
- jessaustin 11y agoThe scrapyards that have gone out of business aren't paying that. Their competitors, finding themselves in a more monopsonistic situation, might not be either.
- vacri 11y agoI misread the article, where it says at the moment ship owners are getting $3.6M less than they used to. I thought it said that that was what they were getting.