Weekly Vessel Scrapping Report: 2014 Week 33

by VesselsValue.com
Thursday August 14, 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 August 7th - 13th, 2014

Sale Date     Sold Name     Vessel Type     Age     Seller    
08/11/2014     Brave Royal     HANDY BC     30     Brave Royal Shipping    
08/12/2014     GH Resources     CAPESIZE     24     Great Harvest    
08/12/2014     Kaghan     PANAMAX BC     28     PNSC    
08/12/2014     Adventure     HANDYMAX BC     25     Pendulum Shipmanagement    
08/12/2014     Wilson Tana     SINGLEDECKER       37     Wilson ASA    

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