Weekly Vessel Scrapping Report: 2014 Week 12

by VesselsValue.com
Thursday March 20, 2014

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 more recent changes in the world fleet, every week, using information from online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for demolition in the last week.

Demolition Sales 13th - 19th March 2014

Sale Date      Sold Name      Vessel Type      Built      Seller     
03/19/14      Full Strong      PANAMAX BC      1994      COSCO HK     
03/19/14      Overseas Beryl      AFRAMAX TNKR      1994      OSG     
03/19/14      Lagas Rainbow      FULLY PRESS LPG      1980      Saehan Marine Service Co     
03/19/14      Orange Breeze      HANDY BC      1984      Sovfracht     
03/19/14      Asia Star      HANDY CONTAINER      1994      ZIM     

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