Weekly Vessel Scrapping Report: 2014 Week 40

by VesselsValue.com
Thursday October 2, 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 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 September 25th - October 1st, 2014

Sale Date     Sold Name     Vessel Type     Age     Seller    
09/25/2014     Mercur     HANDY CHEMICAL PARCEL TNKR     32     Salhus Shipping AS    
09/26/2014     Jolly Arancione     HANDY CONTAINER       39     Ignazio Messina and C Spa    
09/29/2014     Tian Li Hai     CAPESIZE     15     COSCO Tianjin    
09/29/2014     Fu Zhou Hai     PANAMAX BC     19     Tianjin Tianhui Shipping    
09/29/2014     Li Shan Hai     PANAMAX BC     22     COSCO Tianjin    
09/29/2014     Bao Shan Hai     PANAMAX BC     23     COSCO Tianjin    
09/29/2014     Pacific Endeavor     HANDYMAX BC     22     Ming Wah    
09/29/2014     Peng Wen     HANDY BC     29     COSCO Shenzhen    
09/29/2014     Xiang Yun Hai     SMALL CLEAN TNKR      32     Yantai Dahai Shipping Co Ltd    
09/30/2014     Jimei Ruyi     PANAMAX BC     24     Mentor Pacific Ltd    
09/30/2014     ABM Challenger     HANDY BC     20     Mallah Ship Management    
09/30/2014     Panagiotis D     PANAMAX BC     23     Delta International    

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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