Weekly Vessel Scrapping Report: 2016 Week 1

by VesselsValue.com
Thursday January 7, 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 24 2015 – January 6, 2016

Sale Date     Sold Name     Vessel Type     Built Date     Seller    
04-01-2016     New Leon     CAPESIZE     29-09-1995     New Shipping    
29-12-2015     Cape Canada     CAPESIZE     29-03-1996     Cyprus Sea Lines    
05-01-2016     Voyager K     HANDY BC     29-07-1985     Arkas Holding    
05-01-2016     Turgut Reis     HANDY BC     20-01-1992     HayShips    
28-12-2015     Ploypailin Naree     HANDY BC     11-10-1995     Precious Shipping    
24-12-2015     Marc     HANDY CONTAINER      01-03-1994     Interworld Shipping Agency LLC    
05-01-2016     Countess Sea     HANDYMAX BC     01-10-1994     Way East Shipping Agency    
25-12-2015     Zena A     HANDYMAX BC     01-10-1994     Portunato    
30-12-2015     Hui Hong II     PANAMAX BC     10-06-1998     Qingdao Huiquan Shipping Co    
30-12-2015     Atlantic     PANAMAX BC     01-11-1996     Transocean Maritime    
29-12-2015     Sea Fortune     PANAMAX BC     01-05-1996     Athenian Ship Management    
25-12-2015     Angara     PANAMAX BC     01-01-1996     Unimor Shipping Services    
04-01-2016     HH Nikol C     PANAMAX CONT     15-07-1993     Koenig Cie    
24-12-2015     Tuo Fu 11     POST PANAMAX BC (Coal Carrier)     01-06-1994     Tuofu Shipping Management Ltd    
30-12-2015     Federal     POST PANAMAX CONT     01-05-1994     Danaos Shipping    

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.

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