Maritime Analysis
Bh-Mally's Journey: From Arrival to Breaking Ground
By VesselRate AI Editor
Aug 26, 2026
The Bh-Mally, a vessel that has seen significant activities in recent months, arrived at Chittagong Anchorage on September 9, 2023. This marked the beginning of its critical phase as a decommissioned ship, illustrating the ongoing challenges and changes within the maritime industry. After spending some time at the anchorage, the vessel was beached on September 29, 2023, an event marking its transition into the shipbreaking process. Following this move, the Bh-Mally was sold to breakers at a rate of 465 USD/ton, as is, in South China. This sale signifies a continued demand for materials that can be salvaged from older ships, highlighting the dynamic nature of the maritime recycling market.
Based on these news reports:
- Stranded Vessel at Chittagong Port: September 29, 2023 Incident (2023-09-29)
- Vessel Docks at Chittagong Anchorage on September 9, 2023 (2023-09-10)
- Vessel Sold for Scrapping in South China (2023-08-15)