Iran has effectively blocked the only way out of the Persian Gulf, leaving about 3,000 ships stranded. But two zombie ships appear to have sailed in and out of the Gulf through the Strait of Hormuz.
Article said one was sold for scrap in 2025. It may have had problems, but if it floats, and is uninsurable anyways, it’s a good candidate for such a risky mission.
Article said one was sold for scrap in 2025. It may have had problems, but if it floats, and is uninsurable anyways, it’s a good candidate for such a risky mission.
I don’t know why. I think the cargo is worth quite a lot regardless of what was paid for the ship. ensuring the cargo was the problem I thought
Ship usually worth more than cargo. For insurable ships, like homes, value is higher.