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Headlines:
Labuan continues to attract idle carriers after 40 years
Published on: Tuesday, February 02, 2021
Published on: Tue, Feb 02, 2021
By: Sohan Das
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Labuan continues to attract idle carriers after 40 years
A laid-up car carrier at the anchorage.
LABUAN: Labuan was introduced to the world as a haven for “jobless” vessels, especially crude oil carriers as there was a glut of these way back in 1975.

Today after more than 40 years, the island still remains a popular destination for idle or defunct carriers, some waiting for new charter while others waiting to be scrapped.

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