Weekly Vessel Scrapping Report: 2014 Week 35

by VesselsValue.com
Thursday August 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 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 August 21st - 28th, 2014

Sale Date         Sold Name         Vessel Type         Age         Seller        
08/25/2014     Shadrokh     HANDYMAX BC     28     Iran Shipping Lines    
08/25/2014     Hong Wang 2     HANDY BC     29     Fuzhou Xinjiahong Shipping    
08/25/2014     Bekkie     SMALL CLEAN TNKR     33     Abbey Court Trading    
08/26/2014     Jag Prachi     SMALL CLEAN TNKR     23     Great Eastern Shipping    
08/26/2014     Princess Vanya     PANAMAX BC     25     Cyprus Sea Lines    
08/26/2014     Meratus Spirit 2     FEEDERMAX      25     Meratus Line    
08/26/2014     G Inebolu     SMALL HANDY BC     31     Manta Shipping Transport    
08/26/2014     Sino Peace     PANAMAX BC     30     Hong Kong Hua Wei Shipping    
08/26/2014     Minxi     HANDY BC     31     Ever Glory    

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.

To contact the editor responsible for this story email us at editor@shipandbunker.com