Weekly Vessel Scrapping Report: 2014 Week 9

by VesselsValue.com
Friday February 28, 2014

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 more recent changes in the world fleet, every week, using information from online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for demolition in the last week.

Demolition Sales 20th - 26th February 2014

Sale Date Sold Name Vessel Type Built Seller
02/26/14   Afnan   SMALL DIRTY TNKR (Asphalt)   1980   Al Khaleej Bitumen  
02/26/14   Dalal Al Ghanim   HANDY BC   1981   Alghanim  
02/26/14   New Venture   VLCC   1992   Associated Maritime  
02/26/14   M Faruk   PANAMAX BC   1984   Denak Depoculuk  
02/26/14   Ocean Dolphin   SMALL CLEAN TNKR   1995   Ocean Tankers Pte  
02/26/14   Long He   FEEDERMAX   1994   Shanghai PanAsia Shipping  
02/26/14   Hanjin Irene   PANAMAX CONT   1994   Tsakos Shipping and Trading  
02/20/14   Tian Shan Hai   HANDYMAX BC   1985   COSCO Xiamen  

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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