Weekly Vessel Scrapping Report: 2014 Week 23

by VesselsValue.com
Thursday June 5, 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 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 May 29th - June 4th, 2014

Sale Date    Sold Name    Vessel Type    Seller   
06/04/14 Yang Quan SMALL HANDY BC 1977 Yang Chun Ocean Shipping
06/04/14 Andhika Ashura SMALL CLEAN TNKR (Chemical / Product) 1984 Andhika Lines
06/04/14 Palanimalai HANDY CHEMICAL TNKR (Phosphoric Acid) 1992 SCI
06/04/14 Conti Harmony SUB PANAMAX CONT 1997 Interorient
06/03/14 Great Concord HANDY BC 1999 Sinotrans Shipping
06/03/14 Kolin 3 SMALL CLEAN TNKR 1985 Yapi Kredi Finansal Kiralama

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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