Weekly Vessel Scrapping Report: 2014 Week 13

by VesselsValue.com
Thursday March 27, 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 more recent changes in the world fleet, every week, using information from online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for demolition in the last week.

Demolition Sales 20th - 26th March 2014

Sale Date    Sold Name    Vessel Type    Built    Seller   
26-Mar-14    Ocean Apex    AFRAMAX TNKR    1989    Ocean Tankers Pte
26-Mar-14    Delphis    PANAMAX BC    1987    Ocean Sentinels
Shipmanagement
26-Mar-14    Itaituba    HANDY TNKR (DIRTY)    1996    TRANSPETRO
26-Mar-14    Munster    FEEDERMAX    1996    Brohan Harry
26-Mar-14    Hong Kong Pearl    HANDYMAX BC    1985    Pacific World Shipping
26-Mar-14    Jolly    SUB PANAMAX CONT    1993    Eurobulk
26-Mar-14    Gaz Symphony    FULLY PRESS LPG    1987   

Naftomar Shipping
and Trading
25-Mar-14    Island Skipper    HANDY BC    1984    Siomar Enterprises
25-Mar-14    Kaptan Nevzat Kacar    HANDY BC    1984    Kiran Holdings AS
25-Mar-14    Tai Chuan    SMALL DIRTY TNKR    1995    China Shipping
Development Corp
25-Mar-14    Dan Chi    MR TNKR    1994    China Shipping
Development Corp
24-Mar-14    Ariadne    HANDY BC    1984    G Bulk Corp

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