Weekly Vessel Scrapping Report: 2016 Week 22

by VesselsValue.com
Thursday June 9, 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 June 2 – June 9, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
07-06-2016     Bahamas Pearl     HANDY BULKER     01-04-1985     SMT Ship Management    
06-06-2016     Safmarine Meru     PANAMAX CONT     11-12-2006     Moller AP    
06-06-2016     Energy Enterprise     HANDY BULKER     01-01-1983     International Shipholding Corp    
03-06-2016     Mtide Salvage 1     OCEAN TUG     17-04-1990     Dong Bang    
02-06-2016     Atlas Explorer     HANDYMAX     25-08-1995     Grecomar Shipping    
02-06-2016     Henna     CRUISE     01-06-1986     Unknown Chinese    

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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