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The vessel in question is the 135,423-cbm Seapeak Mars, previously known as Seapak Madrid.
Seapeak Mars was sold on an “as is” basis in Linggi, Malaysia.
The price is reportedly at $421 per ldt, or approximately $14 million.
According to VesselsValue data, Seapeak Mars was located offshore Malaysia’s Malacca on Monday.
This is the first sale of an LNG carrier for demolition reported by brokers this year.
Last month, brokers said that the 135,423-cbm Seapeak Asia, previously known as Seapak Catalunya, was sold for demolition.
This was the 15th demolition sale reported last year in a record year for such moves.
Stonepeak’s Seapeak previously said that it booked restructuring charges in the second and third quarters of this year, primarily due to laying off its Spanish seafarers working on four steam LNG carriers.
The shipping firm booked decreases due to the lay-up of the 2002-built 137,814-cbm Seapeak Hispania, Seapeak Catalunya, and Seapeak Madrid, and lower short-term charter rates earned following the scheduled completion of their previous charter contracts.
Sources also said earlier this month that Seapeak ordered two 174,000-cbm LNG carriers at South Korean shipbuilding giant Samsung Heavy Industries.
Samsung Heavy Industries will deliver the LNG carriers, each valued at $251.5 million, by September 2029.