Weekly Vessel Scrapping Report: 2016 Week 41

by VesselsValue.com
Thursday October 20, 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 October 13 – October 19, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
19-10-2016     Shan Hai     HANDYMAX     01-10-1998     COSCOCS Bulk Shipping    
17-10-2016     Dr Ace     PCTC     19-09-1986     Doriko    
17-10-2016     Chang Ming Sheng     PANAMAX BULKER     05-02-1993     Tianjin Chang Ming Shipping    
17-10-2016     New Horizon     HANDY BULKER     30-09-1992     Kwangyang Marine    
17-10-2016     King Fortune     MPP     08-07-1987     Nanjing King Ship Management    
17-10-2016     Keoyang Majesty     SUPRAMAX     31-01-1997     Hanjin Shipping    
17-10-2016     Keoyang Noble     SUPRAMAX     25-04-1997     Hanjin Shipping    
17-10-2016     Bull Hunter     PANAMAX CONT     03-12-2004     Delphis    
17-10-2016     Bear Hunter     PANAMAX CONT     20-12-2004     Delphis    
17-10-2016     Thor Energy     HANDYMAX     16-11-1994     Thoresen    
17-10-2016     Al Mukhtar     HANDYMAX     12-06-1991     Island Star Maritime    
17-10-2016     Chiswick Bridge     POST PANAMAX CONT     28-12-2001     K Line    
17-10-2016     Rui Fu Ocean     HANDYMAX     01-07-1992     Rui Fu Ship Management    
17-10-2016     Snowdon     CAPESIZE     01-09-1998     Zodiac Maritime    
14-10-2016     Halani 2     AHTS     01-12-1975     Comacoe    
14-10-2016     Ocean Vanguard     CAPESIZE     04-05-1994     Pan Ocean    

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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