A former BW Offshore FSO sold for scrap earlier this week is heading for India as the largest vessel to go for demolition in an active 2018.

Oslo-listed BW Offshore announced on 10 December the laid-up FSO Belokamenka was being sold.

Specialists place a price of between $400 and $409 per ldt on the former ULCC, which cash buyer GMS describes as “a more than decent” figure.