A 40-year-old LNG carrier originally reported sold for scrap in April 2021 has been committed at almost double the previous price.

Brokers said the 126,130-cbm steam turbine Ramdane Abane (built 1981), which was controlled by Sonatrach's shipowning arm, Hyproc Shipping, has been sold to demolition buyers in Bangladesh for $670 per ldt, which equates to just over $20m on the ship.