Yeah, I don't get it. There are several more expensive and several less expensive than the ship in question: https://horizonship.com/ship-category/tankers-for-sale/crude...

17M is . . . not much? What's the scrap value of this thing? It's gotta be mostly steel. 159,000 tons empty. After some bad math, never mind. Let's go with https://www.ajot.com/premium/ajot-shipbreaking-breaking-badl..., which cays south asian yards are offering 495/ton. That's 78.7 M. Which is a lot higher than 17M. Of course there's environmental and labor and by the time you actually break the thing apart and sell the steel, steel prices may be even lower than they are now. But, it still seems like a good deal no?

EDIT: so that article is dated April 23 2018 and says it goes down to 290/ton, still a profit at that price, but steel is probably a lot lower today. Anyone have better numbers? We could do a group buy and decide whether to scrap or turn it into a party deck (post-COVID parties only).