Weekly Vessel Scrapping Report: 2016 Week 10

by VesselsValue.com
Thursday March 17, 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 March 10 – March 16, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
15-03-2016     Sriracha Master     AFRAMAX     01-01-1991     Khunnathee Co    
10-03-2016     Cape Venus     CAPESIZE     01-12-1996     U Ming Marine Transport    
10-03-2016     HH West     FEEDERMAX     01-01-1998     Koenig Cie    
14-03-2016     Coniston     FULLY PRESSURISED     05-06-1991     Petredec Ltd    
16-03-2016     AK Abba     HANDY BULKER     01-01-1985     Ceren Denizcilik    
15-03-2016     Seward     HANDY BULKER     01-01-1985     Greatsources Shipping    
15-03-2016     Mathawee Naree     HANDY BULKER     03-12-1996     Precious Shipping    
15-03-2016     Lass     HANDYMAX     01-05-1994     Nabeel Marine    
16-03-2016     Capt Steven L Bennett     HANDYMAX     01-01-1984     Sealift Inc    
10-03-2016     Dahiatul Kalbi     MPP     01-01-1986     AK Ship Management    
16-03-2016     Solntse Vostoka     MPP     01-01-1989     North Eastern Shipping    
15-03-2016     MP Panamax 6     PANAMAX BULKER     01-12-1995     Pallonji Shipping    
15-03-2016     My Angel     PANAMAX BULKER     27-03-1997     Prosperity Bay Shipping    
10-03-2016     Great Wisdom     PANAMAX BULKER     01-03-2000     Sinotrans Shipping    
10-03-2016     Great Prosperity     PANAMAX BULKER     01-07-1999     Sinotrans Shipping    
15-03-2016     The Creator     PANAMAX BULKER     20-01-1995     SNP Shipping Services    
10-03-2016     Orient Rich     PANAMAX BULKER     01-03-1995     Tongli Shipping    
10-03-2016     Dimitrios C     PANAMAX CONT     01-03-1992     Koenig Cie    
15-03-2016     Arnold Schulte     PANAMAX CONT     01-03-2002     Schulte Bernhard    
15-03-2016     Trinidad     PCTC     01-09-1987     Wilhelmsen Wilh    
15-03-2016     Trianon     PCTC     01-04-1987     Wilhelmsen Wilh    
15-03-2016     MOL Integrity     POST PANAMAX CONT     01-06-2001     Seno Kisen KK    
10-03-2016     MOL Solution     POST PANAMAX CONT     01-08-2001     Tokei Kaiun    
14-03-2016     Zambia     POST PANAMAX CONT     01-04-1998     Zodiac Maritime    
10-03-2016     Maestro Ocean     RO-RO     01-01-1985     Maestro Shipping SA    
10-03-2016     Corozal     SMALL HANDY BC     01-01-1975     International Shipping Group and Trading    
10-03-2016     Meridian     SMALL TANKER     02-06-1980     East Fuel Co    
15-03-2016     Priwall     SUB PANAMAX CONT     01-07-1997     Laeisz F    

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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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