Scrap Price - Per LDT
Vessel scrap value from LDT (lightweight) and prevailing $/LDT rates - the floor price on old ships.
Scrap value
14,300,000USD
Formula, assumptions, and limits
Bangladesh / India beach yards 600-700 USD/LDT historically; EU/Türkiye yards 500-600 due to green-recycling compliance. Scrap rate correlates with steel + rebar prices.
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| Lightweight tonnage | LDT | tonnage cert | |
| Scrap rate | USD/LDT | cash buyer |