Weekly Vessel Scrapping Report: 2016 Week 13

by VesselsValue.com
Thursday April 7, 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 March 31 – April 6, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
06-04-2016     Great Intelligence     PANAMAX BC     01-06-2000     Sinotrans Shipping    
06-04-2016     Taiho Maru     HANDYMAX BC (Chip)     25-09-1996     MOL    
06-04-2016     Prime     HANDY BC (Open Hatch)     01-02-1996     Kingsway Shipping    
06-04-2016     Feng Shan Hai     PANAMAX BC     01-12-1994     COSCO Bulk Carrier    
06-04-2016     Tektoneos     HANDYMAX BC     01-01-1993     Odysea Carriers    
06-04-2016     Meng Hai     HANDYMAX BC     01-01-1985     COSCO Bulk Carrier    
06-04-2016     Ocean Clever     AHTS / AHT     01-11-1975     Atlantic Offshore    
06-04-2016     King Spirit     MPP      01-01-1986     Nanjing King Ship Management    
06-04-2016     King Pride     MPP      01-01-1986     Nanjing King Ship Management    
06-04-2016     C Oasis     CAPESIZE     01-10-1996     Chang Myung Shipping    
05-04-2016     Sunny Ocean     CAPESIZE     12-10-1990     Winning Shipping    
05-04-2016     Master Nicos     HANDYMAX BC     01-01-1989     Phocean Ship Agency    
05-04-2016     Frio Pacific     REEFER     10-07-1984     Lavinia Corporation    
05-04-2016     Electra     REEFER     01-01-1984     Baltic Reefers    
05-04-2016     Cape Mercury     CAPESIZE     01-12-1997     U Ming Marine Transport    
05-04-2016     Maroni     PANAMAX BC     01-07-1998     Unimor Shipping Services    
05-04-2016     Germ     PANAMAX BC     01-05-1993     Dia Yuan International Shipping    
05-04-2016     Kingdom     POST PANAMAX CONT     01-02-2001     DS Schiffahrt    
04-04-2016     Gas Master     MGC LPG     26-11-1985     Gas Master Shipping Investment    
04-04-2016     New Emerald     HANDYMAX BC     01-07-1996     Pan Ocean    
04-04-2016     Jens Warrior     CAPESIZE     01-08-1999     Polembros Shipping    
01-04-2016     China Steel Trader     CAPESIZE     01-04-1997     China Steel Express    
31-03-2016     Tsuru Arrow     HANDYMAX BC (Open Hatch / Gantry)     01-01-1987     Gearbulk Holding    
31-03-2016     Georgios     POST PANAMAX TNKR (CLEAN)      01-03-1995     Unknown    
31-03-2016     Triton Highway     PCTC     19-10-1987     K Line    
31-03-2016     Yangtze River     HANDYMAX BC     01-08-1998     Ahrenkiel Steamship    
31-03-2016     Zheng Bang     PANAMAX BC     01-02-1996     Fujian Ocean Shipping    
31-03-2016     C Triumph     CAPESIZE     01-02-1999     Chang Myung Shipping    

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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