Iit was considered too dangerous to scrap
An ageing boxship lost in a collision was written off and sunk despite a deal having been done with breakers.
A 31-year-old containership was deliberately sunk because it was judged too dangerous to scrap. The 2,314-teu MSC Chitra (built 1980), declared a constructive total loss following a collision in Mumbai port nine months ago, had been sold for demolition following its release by port authorities.
According to brokers, a deal had been struck with Indian breakers at $472 per ldt, earning owner Mediterranean Shipping Corp (MSC) around $7m. But the ship never made it to the breakers yard.
Sources say there were serious concerns over whether the MSC Chitra was in a suitable condition to complete the trip to Alang.