Weekly Vessel Scrapping Report: 2016 Week 33

by VesselsValue.com
Thursday August 25, 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 August 19 – August 24, 2016

Sale Date             Sold Name     Vessel Type     Built Date            Seller    
23-08-2016     Tianronghai     CAPESIZE     01-08-2000     COSCOCS Bulk Shipping    
22-08-2016     Soorena     FPSO TANKER     01-01-1975     Shell Trading and Shipping Co    
22-08-2016     Seaspan Expeditor     PANAMAX CONT     19-08-2003     Greater China Intermodal Investments LLC    
22-08-2016     Gas Jade     LEG     01-05-1987     Sinogas Management    
22-08-2016     Bussara Naree     SMALL HANDY BC     26-03-1997     Precious Shipping    
19-08-2016     Grampian Otter     STANDBY / ERRV     15-12-1983     Craig Group    
18-08-2016     Farouk     HANDY BC     25-04-1983     El Amira    
18-08-2016     Stolt Jade     HANDY CHEMICAL PARCEL TNKR     08-08-1986     Stolt Tankers    

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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