But...the yard will know that there's a viable economic sector involved in "breaking" ships. Scrap does have value, and scrappers and the yard most likely know it. If this was a wood or FRP hull, it would be worth zero because that's the scrap value of the hull. I'd approach with alloyed2sea's recommendation but keep in mind that there is probably $20k or so in scrap value. A guy with a sawsall and a pickup could have a pretty good month. I think THAT's the competition, and that's what a buyer would want to keep in mind as an upper price limit. Long-term slip fees etc work well for the yard, but how many dreamers start on something like this only to abandon it in far worse shape after a couple of years? Boatyards are full of abandoned dreams. I've never met a yard owner who wanted that. Maybe, as an addition to alloyed2sea's plan, it would be good to sit down with the owner/yard owner with a practical repair plan. Let them know you've got a good handle on what it will take to bring her back to life. If they see you're for real, they might just take a super low-ball offer.