Weekly Vessel Scrapping Report: 2014 Week 22

by VesselsValue.com
Friday May 30, 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 22nd - 28th, 2014

Sale Date    Sold Name    Vessel Type    Seller   
05/27/14    Konstantina    PANAMAX CONT    1992    Costamare   
05/27/14    Palanimalai    HANDY CHEMICAL TNKR (Phosphoric Acid)    1992    SCI   
05/27/14    Valdivia    LR1 TNKR    1994    SONACOL   
05/27/14    Da Fu Star    POST PANAMAX BC (Coal Carrier)    1987    Jiuzhou International Shipping   
05/27/14    Phyllis N    CAPESIZE (Ore)    1990    Neu Seeschiffahrt   

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