H-Line

Seoul based H-Line send demolition 1992 built capesize dry bulk carrier 148K DWT M/V Pos Challengerfor $375 per light displacement tonnage or $6.6 million to Indian Scrapyard. Demolition ship prices falling and recently dry bulk carriers were sold for close to $400 per ldt (light displacement tonnage). In April 2017, shipowner and operator H-Line sold similar capesize dry bulk carrier 1992 built 151K DWT for $398 per Idt or $7 million. Seoul based H-Line is a dominant capesize operator and has a fleet of 32 ships.