IT was all quiet on the second-hand tanker market last week with no reported sales. On the dry side, Wallem Shipbroking (Hong Kong), said there were many inspections but no sales also as buyers, in general, were not pleased with the prices. In the bulk carrier market, the Japanese-controlled handymax Iron City (41,875 dwt), built by Nipponkai in 1984, was sold to Greek buyers for around US$13 million. Turks have bought the B & H-controlled Carle (22,174 dwt), built by Sanoyasu in March 1978, for $4.75 million. The Alamo (19,435 dwt), built by Hitachi in 1972, was sold to undisclosed buyers for $1.85 million. The Korean-controlled Samick Pacific (27,154 dwt), built by Koyo Mihara in 1973, has been sold to Greek buyers on a strictly ''as is'' basis, the price being reportedly as low as $2 million. For demolition, China paid $154 per tonne for Belcargo (110,444 dwt), $157 per tonne for Lorenzo (44,781 dwt) and $156 per tonne for Apolda (43,442 dwt).
