South Korea’s Sinokor Merchant Marine has pulled one of its vessels out of a demolition sale with a view to returning it to the trading arena.
Demolition brokers have confirmed that the company saved the 125,568-cbm LNG carrier Adriatic Energy (built 1983) from the breakers' torches, suggesting that the laid-up vessel may be returned to the market.
The Moss-type ship, which the South Korean owner bought late last year from NYK Line when it was named the Echigo Maru, was reported sold for scrap in late August at the same time as Sinokor sold its 122,000-cbm West Energy (ex-LNG Lagos, built 1977) to demolition buyers in Bangladesh.
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