Weekly Vessel Scrapping Report: 2014 Week 29

by VesselsValue.com
Thursday July 17, 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 July 10th - 16th, 2014

Sale Date     Sold Name     Vessel Type     Year     Seller    
07/16/2014     Roula     HANDY BC     1983     Nane Shipping M    
07/16/2014     Mores     LEG     1994     Lumaship    
07/16/2014     Tuscarora Belle     HANDYMAX BC     1984     TBS Internationa    
07/16/2014     Amira Nadia     HANDYMAX BC     1985     El Amira    
07/16/2014     MSC Kyoto     PANAMAX CONT     1981     Costamare    
07/15/2014     Silica 2     SMALL HANDY BC (Gypsum / Self Disc)     1987     Gulf of Aden Ship    
07/15/2014     Theresa Antarctic     LR1 TNKR (Chem / Product)     1986     Raffles Shipping    
07/15/2014     CSL Ride     SUB PANAMAX CONT     1996     Cyprus Sea Line    
07/15/2014     Varada Blessing     VLCC     1993     PFS One    

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