Weekly Vessel Scrapping Report: 2014 Week 25

by VesselsValue.com
Thursday June 19, 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 June 12th - 18th, 2014

Sale Date    Sold Name    Vessel Type    Seller   
06/18/2014    Glorious    HANDYMAX BC    1986    Ocean Faith   
06/18/2014    Uni Brothers    HANDY BC    1984    El Reedy Shipping   
06/18/2014    Florida 2    HANDY BC    1981    Gulf of Aden Shipping   
06/17/2014    Sea Breeze    FEEDERMAX    1999    Interorient   
06/17/2014    Matsuko    FEEDERMAX    1999    COSCON   
06/17/2014    Takeko    FEEDERMAX    1999    COSCON   
06/17/2014    Umeko    FEEDERMAX    1999    COSCON   
06/17/2014    An Ping 2    HANDY BC    1987    China Shipping Development Corp   
06/17/2014    Sun Road    PANAMAX CONT    1993    Sunford Shipping   
06/12/2014    Great Harmony    HANDY BC    1999    Sinotrans Shipping   
06/12/2014    Golden Miller    SP FR LPG (Large)    1993    Petredec Ltd   

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