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I was wondering if anyone was in the know, does anyone know if the value of a ship or scrap varies like commodities?

There’s a fair few cruise ships on their way to Turkey and elsewhere on the Med for disposal including 2-3 from Pulmantur, at least 2 from Carnival and 1 from Costa.

Would ferry operators like P&O or BF be considering ups and downs in scrap value when looking at disposing of old and/of inefficient tonnage?

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56 minutes ago, Seashore said:

I was wondering if anyone was in the know, does anyone know if the value of a ship or scrap varies like commodities?

There’s a fair few cruise ships on their way to Turkey and elsewhere on the Med for disposal including 2-3 from Pulmantur, at least 2 from Carnival and 1 from Costa.

Would ferry operators like P&O or BF be considering ups and downs in scrap value when looking at disposing of old and/of inefficient tonnage?

So what BF ferry do have in mind Seashore ;)?

 

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8 hours ago, zuludelta said:

So what BF ferry do have in mind Seashore ;)?

 

Any that may no longer be economic to run or may no longer fit the criteria, such as not enough cabins, and that another operator isn’t interested in. Could be one that starts with a B but not necessarily.

Isn’t Cotentin due back into the BF fleet in 2021, previously announced to replace Barfleur?

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1 hour ago, Seashore said:

Any that may no longer be economic to run or may no longer fit the criteria, such as not enough cabins, and that another operator isn’t interested in. Could be one that starts with a B but not necessarily.

Isn’t Cotentin due back into the BF fleet in 2021, previously announced to replace Barfleur?

Barf still on the timetable till Oct 2021 so up until then, nope..😉

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I think they'd be very reluctant to scrap anything just yet until they have a clearer view of the situation. Selling vessels to other operators (out even chartering then out) must be more lucrative than scrapping then, particularly as most have had some refit work done within the last 9 months.

Ed  

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