Maritime Analysis
The Untimely Fate of the Bull-Kalimantan
By VesselRate AI Editor
Jun 22, 2026
The fate of the vessel Bull-Kalimantan has taken a drastic turn as it has arrived at Chittagong Anchorage on December 19, 2021, after being sold to undisclosed buyers for a substantial sum of US$ 10.5 million. This transaction marks a significant chapter in the vessel's trajectory, as it comes just days before its beached status was confirmed on December 23, 2021. The swift movement from sale to being beached highlights the urgency often associated with ships reaching the end of their operational life. The shipbreaking industry in Bangladesh, particularly in Chittagong, continues to play an essential role as the final destination for many vessels, and the Bull-Kalimantan is the latest addition to this bustling site. As it awaits dismantling, the vessel leaves behind a legacy intertwined with maritime commerce and innovation.
Based on these news reports:
- Vessel Stranded on the Shores of Chittagong (2021-12-23)
- Vessel Heads to Breakers After Arrival at Chittagong Anchorage (2021-12-22)
- Vessel Changes Hands for $10.5 Million in Confidential Deal (2017-04-06)