Weekly Vessel Scrapping Report: 2016 Week 7

by VesselsValue.com
Thursday February 25, 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 February 18 – February 24, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
24-02-2016     Fu Tian     GENERAL CARGO     01-01-1986     Unknown Chinese    
24-02-2016     Columba     SUB PANAMAX CONT     01-04-1998     Gebruder Winter    
24-02-2016     Azizeh     MPP      01-01-1986     Nereide Marine SA    
24-02-2016     Ocean Pearl     HANDY BC     20-02-1985     Sun Seas Shipping    
24-02-2016     Martha Petrol     MR2 TNKR     01-01-1989     Waruna Nusa Sentana    
24-02-2016     Grampian Osprey     STANDBY / ERRV     04-11-1979     Craig Group    
24-02-2016     MOL Advantage     POST PANAMAX CONT     01-03-2001     Shoei Kisen    
23-02-2016     Sunny Star     CAPESIZE     26-02-1991     Winning Shipping    
23-02-2016     Starford 8     HANDY BC     11-05-1984     Starford International Shipping    
23-02-2016     Aldan     MPP      01-01-1989     Sakhalin Shipping Co    
23-02-2016     Winning Friend     CAPESIZE     20-08-1993     Winning Shipping    
23-02-2016     New Fortune     HANDYMAX BC     01-09-1994     Transmar Shipping    
23-02-2016     Grandour     PANAMAX CONT     01-03-1998     Norddeutsche Reederei H Schuldt    
23-02-2016     Wugang Orient     CAPESIZE (Ore)     01-01-1991     Zodiac Maritime    
18-02-2016     He Fu Star     CAPESIZE     31-05-1994     Jiuzhou International Shipping    
18-02-2016     Ore Itabira     CAPESIZE     01-01-1991     Vale SA    
18-02-2016     Bold Challenger     CAPESIZE (Ore)     18-01-1988     Oldendorff Carriers    
18-02-2016     Renate N     CAPESIZE (Ore)     01-01-1992     Neu Seeschiffahrt    

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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