Weekly Vessel Scrapping Report: 2014 Week 19

by VesselsValue.com
Friday May 9, 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 May 1st - 7th 2014

Sale Date    Sold Name    Vessel Type    Seller   
05/06/14    Erk    HANDY BC    1984    Istanbul Denizcilik   
05/06/14    Yu Jie    POST PANAMAX BC    1987    Ocean Sentinels Shipmanagement   
05/06/14    CE Wave    AFRAMAX TNKR    1992    Centrofin   
05/06/14    Tuo Fu 3    PANAMAX BC    1993    Tuofu Shipping Management Ltd   
05/06/14    Cape Warrior    CAPESIZE    1995    Courage Marine   
05/06/14    Hebei Mountain    VLCC    1995    HOSCO   
05/06/14    Eagle Subaru    AFRAMAX TNKR    1994    Icon Capital Corp   
05/02/14    Galaxy    MR TNKR (Chem / Product)    1989    Glory Ship Management Pte   
05/02/14    Vegas    MR TNKR    1989    Delfi Tankers   
05/02/14    Joyous Land    PANAMAX BC    1994    COSCO HK   

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