Weekly Vessel Scrapping Report: 2016 Week 25

by VesselsValue.com
Thursday June 30, 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 June 23 – June 29, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
23-06-2016     New Alliance     AFRAMAX TNKR     01-08-1998     Associated Maritime    
29-06-2016     Bin Hai 291     AHTS (Large)     01-02-1982     CNOOC    
29-06-2016     Zomorod     AHTS (Small)     01-01-1974     Star Petroleum    
23-06-2016     Goonyella Trader     CAPESIZE     05-11-1996     Kumiai Senpaku    
23-06-2016     Riental Treasure     CAPESIZE     01-11-1994     NYK Line    
27-06-2016     AS Castor     FEEDERMAX      01-05-1997     Alpha Ship    
29-06-2016     Mallia     HANDY BC     01-09-1984     T Fleet Management    
29-06-2016     Meray Alamar     HANDY BC     27-03-1989     Judi Group JKM    
28-06-2016     Victoria R     HANDY BC     01-01-1988     Sadent Shipping    
28-06-2016     Federal Kasser     HANDY BC     01-09-1985     Old Stone Shipmanagement    
29-06-2016     Oceanking     HANDYMAX BC (Open Hatch)     30-08-1995     Oceanstar Management    
29-06-2016     Wu Zhou 2     PANAMAX BC     01-01-1989     COSCOCS Bulk Shipping    
29-06-2016     Fu Le     PANAMAX BC     01-02-1998     COSCOCS Bulk Shipping    
29-06-2016     Tian Du Feng     PANAMAX BC     01-06-2001     COSCOCS Bulk Shipping    
29-06-2016     Hanjin San Diego     PANAMAX CONT     01-12-1997     Laeisz F    
27-06-2016     Phoenix I     PANAMAX CONT     01-01-2002     Laeisz F    
29-06-2016     Apolo     PSV (Small)     19-01-1981     Cotemar    
28-06-2016     Northern Endeavour     SUB PANAMAX CONT     01-07-2001     Norddeutsche Reederei H Schuldt    
27-06-2016     Patricia Rickmers     SUB PANAMAX CONT     01-06-1998     Rickmers Reederei KG    
29-06-2016     Oriental Treasure     TWEENDECKER     01-12-1994     Dongjin Intec Co    

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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