The Shipping Corp of India has sold for recycling one of the two oldest product tankers in its fleet dating from the late 1990s.
The 32,900-dwt Suvarna Swarajya (built 1998) was sold on an “as is“ basis in Colombo via a tender auction process, cash buyers have reported.
Some reports published over the weekend suggested the ship was sold for recycling in compliance with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, either in Alang or Chattogram.
