Weekly Vessel Scrapping Report: 2016 Week 29

by VesselsValue.com
Thursday July 28, 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 July 20 – July 27, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
27-07-2016     Lentera Bangsa     SUEZMAX     01-01-1983     Trada International    
27-07-2016     Grampian Otter     ERRV     15-12-1983     Craig Group    
26-07-2016     Badri Prasad     CAPESIZE     29-03-1990     Essar Shipping    
26-07-2016     Tivoli     HANDY BULKER     01-01-1997     Athenian Shipping SA    
22-07-2016     Huayang     AHTS     01-06-1979     China Merchants Steam Navigation    
22-07-2016     Falcon Tide     PSV     01-06-1984     Tidewater Marine    
22-07-2016     Mevlana     HANDY BULKER     28-11-1984     Emiroglu Denizcilik    
22-07-2016     Ocean Whisper     HANDY BULKER     01-01-1986     FGM    
22-07-2016     Fareast Sunny     HANDYMAX     24-08-1989     Jiangsu Far East Shipping    
22-07-2016     Despina     PANAMAX BULKER     01-08-1993     Fafalios Shipping    
22-07-2016     Ever Blossom     PANAMAX BULKER     01-09-1997     First Steamship    
22-07-2016     Cagayan     MPP     01-09-1986     Elektrans Shipping Pvt Ltd    
22-07-2016     Vanguard     MPP     01-01-1985     Unknown Greek    

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