Weekly Vessel Scrapping Report: 2016 Week 28

by VesselsValue.com
Thursday July 21, 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 July 14 – July 20, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
20-07-2016     True Brothers     HANDY BULKER     20-03-1985     Blue Fleet Group    
18-07-2016     Mina F     MPP     01-06-1979     Unknown Lebanese    
16-07-2016     Hammonia Thracium     SUB PANAMAX CONT     31-10-1997     Hammonia Reederei    
16-07-2016     Gas Suez     MGC     20-06-1978     Benelux Overseas    
16-07-2016     Frio Atlantic     REEFER     24-06-1991     Lavinia Corporation    
16-07-2016     Algosar     SMALL TANKER     01-01-1978     Algoma Central Corp    
16-07-2016     Peter R Cresswell     HANDY BULKER     01-01-1982     Algoma Central Corp    
16-07-2016     King Phenix     MPP     01-01-1986     Nanjing King Ship Management    
16-07-2016     Sapphire Ace     PCTC     17-12-1993     MOL    
16-07-2016     Chicago Bridge     POST PANAMAX CONT     23-10-2001     Shoei Kisen    
16-07-2016     King Diamond     HEAVY LIFT     12-12-1985     Nanjing King Ship Management    
15-07-2016     Bao Jiang 102     HANDY BULKER     19-02-1985     China Government    
14-07-2016     Hammonia Ionium     SUB PANAMAX CONT     01-09-1997     Hammonia Reederei