Weekly Vessel Scrapping Report: 2021 Week 8

by VesselsValue.com
Thursday February 25, 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 18 – February 24, 2021

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
24-02-2021     Ace     HANDY TANKER     13-12-1999     IMS SA    
24-02-2021     Sinar Bukom     SMALL TANKER     01-09-1990     Samudera Indonesia    
23-02-2021     Sinomerchant     CAPESIZE     10-11-1997     Sinokor    
22-02-2021     Pravik     HANDY BULKER     28-06-1996     Lyra Marine    
22-02-2021     KT 02     HANDYMAX     24-09-1998     Karya Sumber Energy    
22-02-2021     KT 05     HANDYMAX     24-08-1998     Karya Sumber Energy    
20-02-2021     Leiv Eiriksson     SEMI SUB DRILL RIG     07-05-2001     Transocean Inc    
19-02-2021     Orhan Y     HANDY BULKER     27-11-1984     Endeavor Shipping    
19-02-2021     Sala 1     SMALL TANKER     28-03-1995     Iships Maritime    

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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