Weekly Vessel Scrapping Report: 2021 Week 9

by VesselsValue.com
Thursday March 4, 2021

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  February 25 – March 3, 2021

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
03-03-2021 VOS Supporter STANDBY / ERRV 30-04-1983 Vroon Offshore Services
03-03-2021 VOS Defender STANDBY / ERRV 09-05-1983 Vroon Offshore Services
03-03-2021 The Merciful PANAMAX BULKER 07-10-1997 Sea Lion Ship Management
03-03-2021 MR Nautilus HANDY TANKER 01-05-1998 Abra Shipping Management
02-03-2021 Joanna VI SINGLEDECKER 01-01-1976 New Lines IV Shipping
02-03-2021 Power Loong PANAMAX BULKER 20-11-1992 COSCO Shipping Bulk
02-03-2021 Victoriya HANDYMAX 01-07-1995 Polsteam
02-03-2021 Formosa Eight HANDY TANKER 14-05-1996 Formosa Plastics
01-03-2021 Bali Sea RO-LO 01-01-1982 International Shipholding Corp
01-03-2021 Princess Dina MPP 17-05-1983 El Reedy Shipping
01-03-2021 Columbus LARGE CRUISE 01-03-1989 Sea Jets
01-03-2021 Baby Leen MPP 20-12-1991 Seven Seas Maritime
01-03-2021 Winfred HANDY BULKER 26-10-1993 Feng Sea Shipping
01-03-2021 Refined HANDY BULKER 30-09-1996 Feng Sea Shipping
25-02-2021 Crown FULLY PRESSURISED 28-05-2002 Nhat Viet Transportation

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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