Berge Bulk and Vale scraped capes

Singapore based shipowner and operator Berge Bulk and Brazi based commodity giant Vale are both reported to have each sold a capesize dry  for demolition. 1998 built capesize dry bulk carrier 172K DWT M/V Berge Atlantic was sent to Bangladesh Scrapyards. 1986 built capesize dry bulk carrier 251K DWT M/V Ore Brutucu was also sent to Bangladesh Scrapyards. Cash buyer GMS said these 2 capesize dry bulk carriers appear to be at least $15 to $20 per ldt (light weight displacement tonnage) ahead of the market.