Features
Weekly Vessel Scrapping Report 2024: Week 37
by 
Thursday September 19, 2024
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 September 12 – September 18, 2024
| Sale Date | Sold Name | Vessel Type | Built Date | Seller |
| 14-09-2024 | Coral Energy | LARGE LNG | 07-12-1979 | Sinokor |
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Dec 03Cowan Lee has been appointed to the role of head of Singapore commercial fuels sales as of this month. -
Dec 02Haider Ali is stepping down as general manager of Arte Bunkering in Dubai for family reasons, but will continue trading for the firm. -
Dec 03The acquisition was first announced in April. -
Dec 03The majority of the reductions are expected to take place this financial year. -
Dec 02The firm has ordered the 20 dual-fuelled ships -- representing 300,000 TEU of total capacity -- from three different yards. -
Dec 02The biofuels are expected to reduce the fleet's carbon emissions by about 18%. -
Dec 03Revenues from this smuggled oil may total $1-3 billion/year. -
Dec 02Under the deal, the majority of liquified gas supplied by Titan to UECC for the remainder of this year and most of 2025 will be bio-LNG. -
Dec 02The company is looking for candidates with two to five years of experience in physical commodities, preferably in fuel oil and gasoil. -
Nov 27The company is looking for candidates with shipping industry experience and strong negotiation skills.