Weekly Vessel Scrapping Report: 2016 Week 6

by VesselsValue.com
Thursday February 18, 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 11 – February 17, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
17-02-2016     Nicetec     SUPRAMAX BC (Chip)     30-07-1991     Shanghai Adani Shipping    
17-02-2016     Fenghuang Shan     PANAMAX BC     14-11-1997     Shanghai Shenyue Ship Management    
16-02-2016     Star Eagle     HANDY BC (Open Hatch / Gantry)     01-01-1981     Grieg Star Shipping    
16-02-2016     Samudrika 8     AHTS / AHT     01-02-1986     Oil and Natural Gas Company    
16-02-2016     New Way 1     HANDY BC     01-04-1997     Jinkang Shipping Co Ltd    
16-02-2016     Orca K     SMALL HANDY BC     01-01-1975     Unknown    
16-02-2016     K9     SMALL HANDY BC     01-03-1981     Unknown Korean    
16-02-2016     K No 8     SMALL HANDY BC     01-08-1981     Unknown Korean    
16-02-2016     Eirini K     HANDYMAX BC     01-01-1996     JME Navigation    
16-02-2016     Aarti Prem     PANAMAX BC     18-02-1994     Mercator Ltd    
15-02-2016     Mary     CAPESIZE     30-06-1993     Johann MK Blumenthal GmbH    
15-02-2016     Cape Carmel     CAPESIZE     28-03-1996     XT Shipping Group    
15-02-2016     Faridah     VLCC      01-03-1995     Bahri    
15-02-2016     Hanjin Malta     PANAMAX CONT     16-01-1993     Diana Containerships    
15-02-2016     Champel     CAPESIZE     13-02-1998     SwissMarine Services SA    
15-02-2016     Stark     PANAMAX BC     01-01-1984     Ark Shipping    
11-02-2016     Great Loyalty     PANAMAX BC     01-09-1999     Sinotrans Shipping    
11-02-2016     Mona Linden     CAPESIZE     01-10-2000     MOL    
11-02-2016     Cape Jupiter     CAPESIZE     01-04-1997     U Ming Marine Transport    

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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