Fire-damaged Tankship 'Stolt Valor' to be Scrapped

Arab Shipbuilding and Repair Yard Company (Asry) CEO says repair of the tankship was found not to be viable

Arab Shipbuilding and Repair Yard Company (Asry) chief executive Chris Potter told 'Gulf Daily News', "It was felt that the cost of repair would be much more than the cost of the vessel."

He said the vessel could be broken apart in Bahrain and then taken away.

"We could also have ship-breaking experts coming to Bahrain to examine the vessel and decide on breaking it up."

The tanker, which suffered an explosion after a fire in March, had at one point threatened Bahrain's coastline. It arrived in Asry last month in convoy with the help of three large tugs.

The cause of the original explosion is still unknown.