Weekly Vessel Scrapping Report: 2015 Week 9

by VesselsValue.com
Thursday March 5, 2015

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 February 26 - March 4, 2015

Sale Date     Sold Name     Vessel Type     Age     Seller    
03/04/2015     Cape Stork     CAPESIZE     06/01/1996     Eastern Pacific Shipping    
03/04/2015     P Ocean     SMALL CLEAN TNKR      01/25/1971     Pink Transport and Trading Co    
03/03/2015     Tulja     VLCC       07/01/1992     Deep Frontline Shippers Ltd    
03/02/2015     Ekram M     HANDY BC     01/01/1984     Malah Shipping    
03/02/2015     Rui Fu Fa     PANAMAX BC     04/01/1987     Five Ocean Maritime    
03/02/2015     Star Yandi     CAPESIZE     12/01/1996     Chartworld Shipping    
02/27/2015     Umang     HANDY BC     01/01/1984     ArcelorMittal Shipping    
02/27/2015     Aqua Challenger     OBO       01/01/1992     Noble Group    
02/27/2015     Pisti     SUB PANAMAX CONT     10/01/1996     Technomar Shipping    
02/27/2015     Seagull D     SMALL HANDY BC     01/01/1981     Al Fadel Shipping    
02/27/2015     LR Lily     HANDY BC     01/01/1991     Shanghai CP 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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