Weekly Vessel Scrapping Report: 2016 Week 48

by VesselsValue.com
Thursday December 8, 2016

As a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is greater than its ever been. 

To help keep on top of the most recent changes in the world fleet, every week thanks to online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for demolition in the last week.

Demolition Sales December 1 – December 7, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
07-12-2016     Giorgos B     HANDYMAX     01-11-1994     AB Maritime    
05-12-2016     Salzgitter     PCTC     22-06-1987     Far East Transport    
05-12-2016     City Of Tokyo     PCTC     01-01-1987     Fearnley Finans    
05-12-2016     AS Tamina     SUB PANAMAX CONT     10-07-1998     Ahrenkiel Steamship    
05-12-2016     Star Despoina     CAPESIZE     01-05-1999     Star Bulk Carriers    
05-12-2016     Martha     HANDYMAX     01-06-1995     Seaflag Doo    
02-12-2016     El Hadjar     PANAMAX BULKER     10-11-1981     CNAN Group    
02-12-2016     Hawk     HANDYMAX     21-09-1994     Ranger Marine    
01-12-2016     Era Majestic     FEEDERMAX     01-04-1995     Era Shipping    
01-12-2016     VOS Commander     ERRV     01-07-1975     Vroon BV    

About VesselsValue.com

VesselsValue.com is the online intelligence and information service used by the world's leading commercial and investment banks, private equity, investment and hedge funds, shipowners and operators, lawyers, accountants and brokers.

With our core of belief in speed, usability and convenience, we provide instant and unbiased values at the click of a button, helping existing and potential shipping investors better quantify risk, improve reporting and identify opportunity, saving time and money.

To contact the editor responsible for this story email us at editor@shipandbunker.com